The Merchant Payments Coalition recently announced that nearly 1,000 businesses and trade associations have called on a federal judge to reject the proposed settlement of merchants’ lawsuit over Visa and Mastercard credit card swipe fees that drive up consumer prices, …
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Lowe’s to Pay Over $1 Million in False Advertising Settlement
Lowe’s has agreed to pay $1,089,999.90 to settle a civil law enforcement complaint alleging the company participated in false advertising and unfair competition in California where the company operates 110 stores. The civil complaint filed in San Diego County alleged …
Read More »FTC Sues Amazon for Illegally Maintaining Monopoly Power
The Federal Trade Commission (FTC) and 17 state attorneys general today sued Amazon.com, Inc. alleging that the online retail and technology company is a monopolist that uses interlocking anticompetitive and unfair strategies to illegally maintain its monopoly power. The FTC …
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