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Cade lança estudo sobre mercados de bancos e seguradoras
Commission sends Amazon Statement of Objections over proposed acquisition of iRobot
CMA sets out Autumn update in review of competition in groceries sector
CMA announces new Executive Director for Mergers
Adobe / Figma deal could harm UK digital design sector
Referral of the proposed subsidy to Post Office Limited by the Department for Business and Trade
CMA takes action against 3XD Limited for charging an administration fee under the CMA’s PPI Order
CMA sets out Autumn update in review of competition in groceries sector
Price inflation and competition in food and grocery manufacturing and supply
Casos
FTC
Financial Education Services
The Federal Trade Commission has taken action against Financial Education Services and its owners, Parimal Naik, Michael Toloff, Christopher Toloff and Gerald Thompson, as well as a number of related companies, for scamming consumers out of more than $213 million.
In response to a complaint filed by the FTC, a federal court has temporarily shut down the sprawling bogus credit repair scheme. The FTC’s complaint alleges that the company preys on consumers with low credit scores by luring them in with the false promise of an easy fix and then recruiting them to join a pyramid scheme selling the same worthless credit repair services to others.
According to the FTC’s complaint, Michigan-based Financial Education Services, also doing business as United Wealth Services, has operated its scheme since at least 2015. The company claims to offer consumers the ability to remove negative information from credit reports and increase credit scores by hundreds of points, charging as much as $89 per month for their services. Their techniques, according to the complaint, are rarely effective and in many instances harm consumer’s credit scores.
Type of Action
Federal
Last Updated
November 28, 2023
FTC Matter/File Number
2223030
Case Status
Pending
Microsoft/Activision Blizzard, In the Matter of
The Federal Trade Commission authorized an administrative complaint against the proposed merger between Microsoft Corp. and Activision Blizzard, Inc., a video game developer that creates and publishes games such as Call of Duty, World of Warcraft, Diablo, and Overwatch. Microsoft sells the Xbox gaming console and also offers a video game subscription service called Xbox Game Pass, as well as a cloud-based video game streaming service. The agency alleges that the deal would enable Microsoft to suppress competitors to its Xbox gaming consoles and its rapidly growing subscription and cloud-gaming business. The Commission withdrew the matter from adjudication in July 2023, and returned it to adjudication on September 26, 2023. The evidentiary hearing will commence 21 days after the issuance of the district court’s decision in FTC v. Microsoft.
Type of Action
Administrative
Last Updated
November 27, 2023
FTC Matter/File Number
2210077
Docket Number
9412
Case Status
Pending
Comissão Europeia
BROOKFIELD / SCHOELLER ALLIBERT
Merger
Last Decision Date:28.11.2023 Super simplified procedure
AMAZON / IROBOT
Merger
Last Decision Date:27.11.2023
Ongoing
Investigation phase:2
Autorité de la Concurrence
23-A-18
relatif au secteur des transports terrestres de personnes
Avis|
29 novembre 2023
CMA
- Hitachi / Thales merger inquiryThe CMA is investigating the anticipated acquisition by Hitachi Rail, Ltd of Thales SA’s Ground Transportation Systems Business.
- Updated: 29 November 2023
- Adobe / Figma merger inquiryThe CMA is investigating the anticipated acquisition by Adobe Inc. of Figma, Inc.
- Updated: 28 November 2023
- Adobe / Figma deal could harm UK digital design sectorCMA provisionally finds Adobe’s deal to buy Figma would likely harm innovation for software used by the vast majority of UK digital designers.
- Updated: 28 November 2023