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☆ Massachusetts woman beats incredible odds to win $1 million lottery prize twice in 10 weeks
▼ + stars: | 2024-05-05 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +3 min

Christine Wilson from Massachusetts won her second $1 million lottery prize within 10 weeks. AdvertisementA woman has claimed her second $1 million lottery prize within 10 weeks, playing the Massachusetts State Lottery. Wilson's first $1 million prize was from Dubs's Discount Liquors, also in Mansfield. New Jersey native Evelyn Adams also won the lottery twice — in 1985 and 1986, earning her a total of $5.4 million. The odds of winning the lottery twice are 283 billion to one, according to UK National Lottery operator Camelot.

Persons: Christine Wilson, —, Wilson, Stuart C, aren't, Kevin Miller, Kenneth J Stokes, David, Kathleen Long, Evelyn Adams, didn't sate Adams, Juan Hernandez, he'd Organizations: Massachusetts, Service, Massachusetts State, Massachusetts State Lottery, Juan Hernandez of, New York, UK National Lottery, Camelot Locations: Attleborough , Massachusetts, Mansfield, Liverpool, Massachusetts, . New Jersey, Juan Hernandez of Nassau County , New York

☆ U.S. Senate panel sends three FTC nominations to full Senate
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +1 min

Federal Trade Commissioner Rebecca Slaughter testifies on the "Oversight of the Federal Trade Commission" before the U.S. Senate Consumer Protection, Product Safety, Insurance and Data Security Subcommittee in the Russell Senate Office Building in Washington, U.S., November 27, 2018. REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Oct 18 (Reuters) - The U.S. Senate Commerce Committee voted on Wednesday to send three nominations for the U.S. Federal Trade Commission to the full Senate. THE TAKEIf confirmed by the Senate, as expected, adding the two Republicans will not change the balance of power at the five-member FTC, which also enforces antitrust law. A previous Republican FTC commissioner, Christine Wilson, quit this year and sharply criticized agency leadership. Reporting by Diane Bartz; editing by Jonathan OatisOur Standards: The Thomson Reuters Trust Principles.

Persons: Rebecca Slaughter, Leah Millis, Andrew Ferguson, Melissa Holyoak, Lina Khan, Christine Wilson, Diane Bartz, Jonathan Oatis Organizations: Federal, Federal Trade Commission, U.S . Senate Consumer Protection, Safety, Insurance, Data, Russell Senate, REUTERS, Rights, U.S, Senate, U.S . Federal Trade Commission, Democrat, FTC, Democratic, Amazon.com, Albertsons, Republican, Thomson Locations: Russell, Washington , U.S, Virginia, Utah

That shift in legal doctrine was profound, shaping how courts have applied antitrust law ever since. Khan’s ideas have challenged the closest thing to a sacred cow in antitrust law. The most ambitious of those never became law, but Khan’s role in the probe, which Cicilline described as “critical,” helped further raise her profile. Amazon and Meta have both pushed for Khan to recuse herself from matters involving the companies, questioning her objectivity. The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers.

Persons: Lina Khan, Khan, Stephanie Keith, ” Khan, “, Joe Biden, ”, William Kovacic, George W, Bush, Barry Lynn, Lynn, New America Foundation —, Obama, —, ” Lina Khan, Rong Xu, ” Lynn, it’s, ’ ”, Reagan, Robert Hockett, Khan’s, David Cicilline, Lina, ” Cicilline, Cicilline, Justin Tallis, Biden, Trump, Douglas Farrar, Gary Gensler, Tom Williams, Jonathan Kanter, Roe, Wade, Kevin Kiley, Meta, she’s, “ We’ve, they’re, Federal Trade Commission Lina Khan, Al Drago, Kathleen Bradish, Bradish, Christine Wilson, Wilson, Noah Phillips, Gabby Jones, NetChoice, Carl Szabo, “ It’s, ” Szabo, There’s, ” Kovacic Organizations: CNN, Federal Trade Commission, Amazon, FTC, Big, Microsoft, Meta, Bloomberg, Getty, Republican, White House, Williams College, New America Foundation, Washington Monthly, Yale Law, Washington Post, Cornell Law School, Big Tech, Rhode, Rhode Island Democratic, Apple, Facebook, Cambridge, Activision, SEC, Financial Services, General Government, Securities and Exchange Commission, Capitol, Justice Department, Epic Games, California Republican, Washington , D.C, American Antitrust Institute, GOP, US Federal Trade Commission, Amazon.com Inc Locations: Big Tech, Robbinsville , New Jersey, Washington, Larchmont , New York, Rhode Island, Washington ,, New York

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Sept 19 (Reuters) - The deceptive use of artificial intelligence should be a priority for the Federal Trade Commission (FTC), three commissioner nominees said at a confirmation hearing Tuesday in show of bipartisanship on the popular issue. Ferguson was chief counsel to U.S. Senate Republican Leader Mitch McConnell from 2019 until 2021. Asked by Senator John Thune about the FTC's role in enforcing rules involving artificial intelligence, Slaughter said it was the FTC's job to pursue instances where laws against unfair and deceptive acts and practices were broken, whether or not artificial intelligence was used. A previous Republican FTC commissioner, Christine Wilson, quit this year and sharply criticized agency leadership.

Persons: Dado Ruvic, Rebecca Slaughter, Andrew Ferguson, Melissa Holyoak, Ferguson, Mitch McConnell, John Thune, Slaughter, Holyoak, Christine Wilson, Lina Khan, Diane Bartz, Aurora Ellis Organizations: REUTERS, Rights, Federal Trade Commission, Democrat, Senate Republican, Republican, Senate, FTC, Democratic, Thomson Locations: Virginia, Utah

☆ US House panel critical of Twitter probe to question FTC chair at July 13 hearing
▼ + stars: | 2023-06-23 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

This will be her first appearance before the committee since Republicans assumed control. Republicans have been especially critical of the FTC's privacy investigation into Twitter since it was purchased by billionaire Tesla CEO Elon Musk. In March, the FTC confirmed it was conducting an investigation into Twitter’s privacy practices. In April, the committee subpoenaed Khan for documents related to the Twitter privacy probe following Musk's $44 billion purchase of the social media company in October. Khan, an antitrust researcher focused on Big Tech’s immense market power, vowed to reinvigorate antitrust enforcement after she joined the FTC in June 2021 and was named chair.

Persons: Lina Khan, Tesla, Elon Musk, Khan, Jim Jordan, Jordan, Illumina, Christine Wilson, David Shepardson, Diane Craft, David Gregorio Our Organizations: . Federal Trade, Republicans, Twitter, FTC, Democratic, Amazon.com, Amazon, Politico, Thomson Locations: Illumina, San Diego

☆ FTC Chair Lina Khan refused to sit out agency's case against Meta despite ethics concerns, report says
▼ + stars: | 2023-06-16 | by ( Chelsey Cox | ) www.cnbc.com time to read: +2 min

WASHINGTON — Federal Trade Commission Chair Lina Khan refused to recuse herself from the agency's case against Meta Platforms against the advisement of top agency officials, according to internal FTC documents published by Bloomberg News. Pankey added that Khan's decision to adjudicate the case "is not per se a federal ethics violation." The FTC defended Khan's involvement in the case, and the agency's Democratic majority approved her decision over the objections of former Republican commissioner Christine Wilson, Bloomberg reported. Khan's perceived opposition to Meta acquisitions spurred the company's request to disqualify her participation in the case. FTC Bureau of Competition Deputy Director John Newman accused Meta of "trying to buy its way to the top" through an "illegal acquisition."

Persons: Lina Khan, Khan, Pankey, Christine Wilson, Wilson, Khan's, John Newman, Meta Organizations: Energy, Securities and Exchange Commission, WASHINGTON, WASHINGTON — Federal Trade, Meta, Bloomberg News, Facebook, FTC, CNBC, Democratic, Bloomberg, Competition Locations: Rayburn, WASHINGTON —

☆ FTC chair Khan accused of 'abuse of power' in new US House probe
▼ + stars: | 2023-06-01 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, June 1 (Reuters) - The House Oversight Committee's Chairman James Comer opened a probe Thursday into U.S. Federal Trade Commission Chair Lina Khan's management of the agency, citing complaints of abuse of power. In a letter to Khan and agency officials dated Thursday, Comer cited complaints made by former commissioner Christine Wilson, a Republican. She had accused Khan of abuse of power by voting to challenge Meta's acquisition of virtual reality content maker Within. Wilson argued that Khan had said before coming to the FTC that Meta should be barred from making additional acquisitions, and that this meant Khan should be recused from FTC deliberations regarding the deal. "Under Chair Khan, the FTC is proud to be defending American consumers from harm and ensuring fair competition in the economy.

Persons: James Comer, Lina Khan's, Khan, Comer, Christine Wilson, Wilson, Douglas Farrar, Diane Bartz, Chizu Organizations: . Federal Trade, Chamber, Commerce, Republican, Meta, FTC, of Commerce, Thomson Locations: American

☆ FTC's Lina Khan presses ahead with sprawling antitrust plans in the face of GOP opposition
▼ + stars: | 2023-05-31 | by ( Chelsey Cox | ) www.cnbc.com time to read: +10 min

As she made history in leading the agency, Khan's sprawling oversight plans and focus on fair competition in markets drew pushback from GOP leaders who denounced them as "politicized." The backlash to Khan's antitrust platform has come from across the Republican caucuses in Congress — even as many GOP lawmakers have backed antitrust policies or slammed Big Tech companies. watch nowKhan has defended her positions, telling CNBC on May 10 that the FTC enforces antitrust laws passed by Congress. Jordan and other GOP House members have criticized the plan as a "power grab." But an FTC spokesperson said Khan's agency has jurisdiction over all fees except banking and airlines.

Persons: Lina M, Khan, Graeme Jennings, Lina Khan, Pete Buttigieg's, Rohit Chopra, Christine Wilson, Noah Joshua Phillips, Joe Biden's, Matt Stoller, Stoller, Lina, Republican Sens, Chuck Grassley, Mike Lee, Ken Buck, Jim Jordan, Grassley, David Cicilline, Sen, Amy Klobuchar, Elon Musk, Musk, Jordan, Jon Schweppe, Jordan tweeting, they're, Mo Cayer, Khan . Jordan, noncompetes, Trump, Wilson, Leslie Overton, Harkrider, Biden Organizations: Commerce, Science, Capitol, AFP, Getty Images, Biden, Federal Trade, Southwest Airlines, Republicans, Consumer Financial Protection, FTC, Yale University Law School, Washington , D.C, New Yorker, Columbia Law School, American Economic Liberties, Big Tech, Republican, GOP, CNBC, Congress, Rhode Island's, Committee, Twitter, GOP House, Elon, The New York Times, Times, University of New, Democratic, Junk Locations: Washington , DC, London, Washington ,, New, Iowa, Utah, Colorado, Ohio, House, Minnesota, University of New Haven, Connecticut, Khan ., Axinn

WASHINGTON, April 3 (Reuters) - The U.S. Federal Trade Commission (FTC) on Monday ordered Illumina (ILMN.O) to divest cancer diagnostic test maker Grail, finding that its ownership would stifle competition in the U.S. market for cancer tests. Illumina said it would appeal the decision, and will seek expedited consideration from an appeals court. The company said the FTC order to unwind the deal would be automatically put on hold. Meanwhile, Illumina completed the takeover of Grail in August 2021, despite the lack of regulatory approval from Europe or the United States. He has called for Illumina, now valued at $36 billion, to unwind its deal for Grail, which he called a risky acquisition that cost shareholders $50 billion.

☆ Elon Musk reportedly asked to meet with the chair of the FTC but she rejected his request
▼ + stars: | 2023-03-31 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

FTC chair Lina Khan turned down Elon Musk's invitation to meet, The New York Times reported. The agency has said it followed Musk's Twitter takeover "with deep concern." At the time of his request, the agency said it was tracking Musk's takeover "with deep concern" in November. The regulator has issued a request to interview Musk as a part of its investigation, but it has yet to occur, the publication said. Earlier this month, Musk called the FTC probe a "weaponization of a government agency" and a "serious attack on the Constitution."

CNN —New rules from the US government could soon let Americans more easily cancel free trials and subscriptions they no longer want, according to the Federal Trade Commission. The proposed rule change announced Thursday would apply to vast swaths of the US economy, covering both digital and physical subscriptions. Americans should not have to jump through hoops or be hounded by unwanted retention offers just to cancel their subscriptions, FTC Chair Lina Khan told reporters on a conference call Wednesday. The FTC in 2021 warned companies against deploying illegal dark patterns that trick or trap consumers into subscription services. Gyms, newspapers, phone companies and other businesses have faced lawsuits for imposing obstacles on consumers who try to cancel their services.

☆ White House to consider Andrew Ferguson as U.S. FTC commissioner -Bloomberg News
▼ + stars: | 2023-02-17 | by ( ) www.reuters.com time to read: +1 min

Feb 17 (Reuters) - The White House is considering naming Virginia Solicitor General Andrew Ferguson as a Republican commissioner for the Federal Trade Commission (FTC), Bloomberg News reported on Friday, citing people familiar with the matter. Andrew Ferguson, a former aide to Senate Republican Mitch McConnell, was recommended to the White House for the role by McConnell, the report said. McConnell's office did not immediately respond to a request for comment and the White House did not immediately comment. The development comes after Christine Wilson, the sole Republican on the U.S. Federal Trade Commission (FTC), said earlier this week that she will resign soon. Reporting by Aarati Krishna in Bengaluru; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

☆ The Many Abuses of Lina Khan’s FTC
▼ + stars: | 2023-02-15 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Federal Trade Commission Chair Lina Khan is breaking sundry regulatory norms in her rush to remake modern antitrust law, as commissioner Christine Wilson details nearby in explaining her resignation. Ms. Khan’s norm-busting ironically may make the FTC more vulnerable to legal challenges that eventually weaken its powers. President Biden first broke political norms by installing Ms. Khan as FTC Chair immediately after the Senate confirmed her by a 69-28 vote to serve on the commission. It’s customary for a President when nominating members to independent agencies to announce at the same time if they will serve as chair. Mr. Biden didn’t.

☆ FTC’s Only Republican Commissioner Is Stepping Down
▼ + stars: | 2023-02-15 | by ( Dave Michaels | ) www.wsj.com time to read: 1 min

FTC Commissioner Christine Wilson has been one of Chair Lina Khan most prominent critics. WASHINGTON—The Federal Trade Commission’s lone Republican member said Tuesday she was resigning, describing her move as a protest against the leadership strategy and ethics of the Democratic chair of the antitrust and consumer-protection agency. Commissioner Christine Wilson decided to step down from her position after battling Chair Lina Khan over “abuses of regulatory power,” including “dishonesty and subterfuge,” Ms. Wilson wrote in an Op-Ed article in The Wall Street Journal. Ms. Wilson said she would leave the agency soon but didn’t provide a date.

☆ Former FTC chairman weighs in on the resignation of Republican FTC Commissioner Christine Wilson
▼ + stars: | 2023-02-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer FTC chairman weighs in on the resignation of Republican FTC Commissioner Christine WilsonWilliam Kovacic, former FTC commissioner, joins ‘Power Lunch’ to discuss the resignation of Christine Wilson, the sole Republican on the Federal Trade Commission. On Tuesday, Ms. Wilson wrote a scathing op-ed in The Wall Street Journal, saying Democratic Chair Lina Khan has a “disregard for the rule of law and due process.”

☆ Why I’m Resigning as an FTC Commissioner
▼ + stars: | 2023-02-14 | by ( Christine Wilson | ) www.wsj.com time to read: +1 min

Much ink has been spilled about Lina Khan ’s attempts to remake federal antitrust law as chairman of the Federal Trade Commission. Less has been said about her disregard for the rule of law and due process and the way senior FTC officials enable her. I have failed repeatedly to persuade Ms. Khan and her enablers to do the right thing, and I refuse to give their endeavor any further hint of legitimacy by remaining. Accordingly, I will soon resign as an FTC commissioner. I have sought to provide transparency and facilitate accountability through speeches and statements, but I face constraints on the information I can disclose—many legitimate, but some manufactured by Ms. Khan and the Democratic majority to avoid embarrassment.

Feb 14 (Reuters) - Christine Wilson, the sole Republican on the U.S. Federal Trade Commission (FTC), said on Tuesday she will resign soon, blaming the move on the agency's top official, Lina Khan. "Much ink has been spilled about Lina Khan's attempts to remake federal antitrust law as chairman of the Federal Trade Commission," Wilson wrote in an opinion piece in the Wall Street Journal. Wilson said in the piece that she would resign "soon" but gave no date. "I dissented on due-process grounds, which require those sitting in a judicial capacity to avoid even the appearance of unfairness," wrote Wilson. Wilson accused the Biden administration FTC of overstepping by being too aggressive in stopping mergers and banning most noncompete clauses.

☆ Republican FTC Commissioner Wilson announces resignation, saying Chair Khan has a 'disregard for the rule of law'
▼ + stars: | 2023-02-14 | by ( Lauren Feiner | ) www.cnbc.com time to read: +1 min

Christine Wilson, nominee to serve on the Federal Trade Commission, testifies during a Senate Commerce, Science, and Transportation Committee confirmation hearing in Hart Building on February 14, 2018. Christine Wilson, the sole remaining Republican on the Federal Trade Commission, announced Tuesday she plans to resign, citing what she said was Democratic Chair Lina Khan's "disregard for the rule of law and due process." Wilson announced her resignation, which she said will come "soon," in a Wall Street Journal op-ed. Throughout Khan's tenure at the helm of the commission, Wilson has frequently bemoaned her approach in remarks at public meetings and in speeches. Former Commissioner Noah Joshua Phillips, a Republican, resigned in October, but without the kind of broad critique that Wilson wrote.

☆ FTC proposes to ban noncompete clauses, says move will strengthen workers' hands.
▼ + stars: | 2023-01-05 | by ( Eli M. Rosenberg | Eli Rosenberg Is An Investigative Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

The Federal Trade Commission proposed a new rule Thursday to ban the use of noncompete clauses in worker contracts, a change that would significantly boost the negotiating power of employees. “The freedom to change jobs is core to economic liberty and to a competitive, thriving economy,” FTC Chairwoman Lina M. Khan said in a statement. According to a 2019 study by the left-leaning Economic Policy Institute, somewhere between a quarter to about a half of all workers are subject to noncompete clauses. The FTC said that 1 out of 5 workers are bound by noncompete clauses. Wilson said she believed the rule was outside the FTC’s scope and would be vulnerable to legal challenges.

☆ U.S. seeks to stop Microsoft's $69 bln bid for games maker Activision
▼ + stars: | 2022-12-08 | by ( ) www.reuters.com time to read: +3 min

[1/2] A person walks past a Microsoft store in the Manhattan borough of New York City, New York, U.S., January 20, 2022. REUTERS/Carlo Allegri/File PhotoWASHINGTON, Dec 8 (Reuters) - The Biden administration filed a complaint on Thursday aimed at blocking tech giant Microsoft's (MSFT.O) $69 billion bid to buy "Call of Duty" games maker Activision , over concerns the deal would deny rivals access to popular games. Microsoft, which owns the Xbox, said in January 2022 that it would buy Activision for $68.7 billion in the biggest gaming industry deal in history. Shares in Microsoft and Activision both fell on news of the FTC complaint. Chair Lina Khan and the two Democrats on the commission voted to approve the complaint, while Commissioner Christine Wilson voted no.

☆ FTC seeks to hold Drizly CEO accountable for alleged security failures, even if he moves to another company
▼ + stars: | 2022-10-24 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

In a new proposed settlement, the Federal Trade Commission is seeking to hold a tech CEO accountable to specific security standards, even if he moves to a new company. The FTC claims that despite being alerted to the security concerns two years before the breach, Drizly and Rellas did not do enough to protect their users' information. In a statement, Wilson wrote that naming Rellas will not result in putting "the market on notice that the FTC will use its resources to target lax data security practices." But it later dropped him from the complaint after the company said Zuckerberg would not try to personally buy Within. "We take consumer privacy and security very seriously at Drizly, and are happy to put this 2020 event behind us," a Drizly spokesperson said in a statement.

The four FTC commissioners voted three to one to begin the lengthy process of writing rules by seeking comments on the prevalence of fraudulent online reviews and junk fees. These are sometimes labeled "service charges" on phone bills or imposed by hotels as "resort fees." FTC guidelines already say that posting fake reviews and endorsements is illegal. And it has proposed a rule to ban junk fees by car sellers. The commission also voted to begin the process of updating existing rules governing funeral homes.

☆ Amazon’s Bezos, Jassy must testify in FTC investigation
▼ + stars: | 2022-09-22 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

The decision follows earlier Amazon (AMZN) claims that FTC staff were harassing the two men and imposing undue burdens on them. The requirement that Amazon’s most powerful leaders testify to the FTC underscores the depth and breadth of the agency’s investigation, which covers a sweeping range of Amazon services. It began in March 2021 as an investigation into Amazon Prime, and whether Amazon automatically enrolled consumers in the program without their consent. The probe has since expanded to include nearly a half-dozen Amazon services including Audible, Amazon Music, Kindle Unlimited and Subscribe & Save. Amazon also argued in its petition that Bezos and Jassy should not have to testify because other officials would be more likely to have the kind of specific knowledge the FTC seeks.

The Federal Trade Commission late Wednesday rejected Amazon's bid to exclude CEO Andy Jassy and founder Jeff Bezos from testifying in a probe into the retail giant's Prime program. Amazon even accused FTC staff of harassing Bezos and Jassy for their participation. Amazon said last month it has been complying with the FTC's requests so far, producing some 37,000 pages of documents. "Amazon has cooperated with the FTC throughout the investigation and already produced tens of thousands of pages of documents. WATCH: How Amazon Prime turned Amazon into a $1.6 trillion empire

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