35 Burst results for "Trade Commission"
Facebook Seeks FTC Chair Lina Khan’s Recusal in Antitrust Case
"Is seeking to have lena con chair of the federal trade commission recused from the agency's discussions over whether to file a new antitrust case against the company. Facebook says con can't be impartial because of her long history of criticizing the social media giant and other big tech firms. The move comes. Just two weeks. After amazon filed a similar petition seeking cons. Recused from the ftc's antitrust investigation against it and ftc. Spokeswoman declined to comment previously. Kahn had said she would consult with ftc ethics officials. If issues like this came
Biden’s Executive Order Targets Big Business and Competition
"Executive order, he says, is aimed at increasing competition and pushing back against growing trends of consolidation and big business. NPR's Scott Detroit has more Biden's order is broad. It includes 72 different action items ranging from making hearing AIDS more accessible to increase in competition for Internet access services. The order also takes aim at the rise of non compete agreements, which can bar employees from taking jobs with similar companies. But it argues there being over used and exploited in an effort to keep wages down. Workers should be free to take a better job of someone officer. Your employer wants to keep you He or she should have to make it worth your while to stay. Biden is ordering the Federal Trade Commission to ban or limit the agreements. Scott Detroit NPR
FTC Holds Open Commission Meeting
"The federal trade commission held. Its first open meeting in over twenty years voting to rescind a twenty fifteen decision to limit. Its power over. Unfair methods of competition too explicit violations of existing antitrust law which would allow the ftc to file lawsuits against misconduct. That might not violate classical. Antitrust law the ftc also voted to let individual commissions launched staff investigations into specific industries and to simplify the rulemaking process for prohibiting unfair or deceptive acts or practices ftc. Charleena con plans to hold monthly public meetings. In the future
What Does Monopoly Mean in the Internet Age?
"Lawmakers have had it out for facebook for a while last year a house judiciary subcommittee report accused the tech giant of anticompetitive behaviour and in december. Facebook got suit on monday. Those lawsuits were dismissed. It's a big win. For the social media company it also signals a rocky path forward for legislators both sides of the aisle trying to rein in big tech here to break down. the latest development is recode serene ghaffari high serene. Hey adam so let's start with the lawsuits. What were they about yes. The lawsuits basically accused facebook of acting as a monopoly to crush. Its competition two different lawsuits. One was filed by the federal trade commission or the ftc which is the top government agency for enforcing antitrust laws. And then there was a parallel lawsuit also filed by forty eight attorneys general from different states and territories in the us and they both essentially said the same thing that facebook's allegedly monopolistic practices leave consumers with less choices for which social networking apps. They wanna use and advertisers have less choices for aware. They want actually advertise reach. People lawsuits also said that. Facebook engage in a quote systemic strategy to eliminate their competition and that this was something really tactical that facebook was actively doing crush its competitors. What exactly did that strategy look like so. The lawsuit said that when facebook bought instagram. Back in two thousand twelve and remember at that time. Instagram was a startup. it was considered an up and coming rival to facebook They said that that was an example of something that facebook shouldn't have been allowed to do because in regulators view this was essentially facebook trying to stifle competition by eating it up and buying it rather than letting market competitor truly compete and they also point to win. Facebook bought the messaging app called whatsapp in two thousand fourteen. Again this up and coming service. That was rivaling. facebook and facebook went ahead and bought it today. More people are on. What's app than they are on facebook's own messenger product but that doesn't matter for facebook because it's all part of the facebook ecosystem now
Amazon Asks F.T.C. Chair, Lina Khan, to Recuse Herself
"Amazon is asking the Federal Trade Commission chair to recuse herself from antitrust investigations into the e commerce giant Lina Khan has been an outspoken critic of Amazon, which is facing probes of its business practices and proposed acquisition of movie studio
Amazon Wants FTC Chair Lina Khan Recused From All Its Cases
"Friday 25 page petition with the Federal Trade Commission today, arguing that newly installed FTC chair Lina Khan Ought to recuse herself from any antitrust conversations involving Amazon. Khan has made no secret over the years at Yale Law School, a prior stint as an FTC staffer and most recently teaching antitrust law at Columbia of her worries about big tech. Amazon claims in the petition. The cons record were she to take part in Amazonian decisions would violate federal ethics rules and the companies due process rights. The FTC had no comment on the petition. I, however, I'm going to take the under on a recusal.
Judge Dismisses Government Antitrust Lawsuits Against Facebook
"A federal judge has dismissed the anti trust lawsuits brought against Facebook by some government entities the Federal Trade Commission and a coalition of state attorneys general had sued Facebook last winter claiming it's a monopoly dominating the market the FTC alleged Facebook engaged in a systematic strategy to eliminate its competition and there were calls for Facebook to have to break up some of its platforms but a federal judge has ruled the lawsuits were legally insufficient and didn't provide enough evidence to prove the allegations the consumer advocacy group public citizen says the courts have grappled with these types of complaints in cases where consumers are in charge directly for services Facebook says it competes barely every day to earn people's time and attention Jackie Quinn Washington
Rep. Jim Jordan on the Implications of Big Tech Breakup Bills
"Break up hills, which aren't those at all Like you said. They're just using that to get us on board. My fear is they're going to take that from the private sector and now enshrined that with government regulators who are going to use these big tech break up bills to then use the power of government to make sure private companies out there. Doing things against the shareholder interest. And think about how many pension funds are invested in these companies that are now going to be pressured to basically lose money and screw your pension over under the guise of big tech breakup. Yeah, we've already seen this. This play in action with what we just referred to when you had a major big tech company, the CEO of the head of that company. Communicating via email with the guy who runs a big agency who is the highest paid official in the government with Dr Fauci and Mark Zuckerberg colluding to keep information from the American people last year information that frankly, looks like it turns out to be it was the truth, and they kept the truth from us. So now we're going to say Lina Khan, who just got appointed to to chair the FTC, You know where she just got to point this week. So that's my Federal Trade Commission where all this power is going to go. Guess who she worked for. Before she went there. She worked for Jerry Nadler. David Cicilline E on the House student Democrats on the House Judiciary Committee. Do you think she really wants to make sure that that these big tech platforms don't censor Dan Bongino? So that's what this is all all about. I mean, and you're exactly right. The one of the other empty stairs chairs is, um, Democrat is Becca Slaughter, and she has said, we should use anti trust laws to stop systemic racism. What? So you're that's where they want to go with this, And that's what I fear. Let's do this. Let's let's let's change checks in 2 30 so that you take away their liability protection and let's break them up. Let's break him up. Yeah, but you've got to make sure they don't get this liability protection. So not not make not make this union between big government and big tech so they can further harm us. Yeah, a couple of additional points in
Big Tech Critic Lina Khan to Lead the Federal Trade Commission
"Start with lena. Cohen who is appointed confirmed the federal trade commission. That's a big deal. It's a really big deal. So this week. She finally received a floor vote. It was a bipartisan vote. Republicans and democrats not going to say all republicans but enough to get a confirmed voted for her and that was early in the morning about eleven thirtyish and then a couple hours later i was watching this hearing on smart home. Check in competition and amy klobuchar friend of the pod. She leaked g basically scooped. Everyone that lena was going to be the chairwoman. Fdic and lead the agency a mad scramble to be like what you say right. It was like chima speak and all of a sudden reuters is reporting. This is confirmed and everyone was like. Oh dang okay cool so. She took her oath of office. On tuesday believe and she is currently leading the. That's amazing. so lena somebody also a friend of the bug. She's been on the verge before probably listeners. Quickly she was a law student. Columbia have really influential lottery. Paper about amazon called amazon's trust paradox. remarkable for a law students. Love your article three. That influential chee ended up advising agencies advising the fcc than she was on david sicily's antitrust subcommittee wrote a lot of the investigation than was nominated for that. And now she's the chair at the otc like she's in charge of overseeing mergers acquisitions of making sure the markets are competitive just a real rocket ship of her career from law school to leading the and she's not been shy about how she perceives the power of these big
A Big Week for Global Tech Policy
"New chair of the federal trade commission a raft of bipartisan legislation aimed at big tech and an agreement to collaborate with the european union. It's been a pretty eventful week in terms of global tech policy here to break down what all happened and what the landscape looks like going forward is our policy reporter ryan tracy. Hey ryan thanks for coming back on the show things for me okay. So let's start with the f. T. c. biden named the prominent big tech critic. Lena con as fdic chair you know. We talked about this earlier in the week. With our colleague brent kendall but remind us of the significant of khan's appointment. She's been very clear that she has concerns about the behavior of big companies in a lot of sectors tech. It's been a particular focus for her confirmation hearing she basically said everything's on the table in terms of big tech. Senators asked her a number of questions about areas where the ftc could become more aggressive in terms of looking at the marketplace for news or looking at the marketplace for a smartphone apps all these different areas where we've heard some concerns about the impact of big tech and her answer was almost invariably. Yes to those questions now. There are limits to the ftc's power but mistaken has an expansive view of what that power is and so we expect her to push those limits and so does this signal sort of shift from the obama years to the biden administration potentially signals a much more aggressive approach to antitrust policy. And that's obviously a big deal for the largest tech companies. Who are under. A lot of antitrust scrutiny. Right now and it's kind of amazing when you step back you know. They had a lot of power under the obama administration and a lot of influence and had the biden administration asked for who they would have picked to lead the federal trade commission. Liikanen think it's fair to say would not have been near the top of their list. Just given that a lot of things critical of tech companies in the past so the fact that the biden administration chose her clearly shows their influence is more limited than it used to be.
Lina Khan, Critic of Big Tech, to Lead Federal Trade Commission
"Yesterday the senate confirmed lena con to a seat on the federal trade commission. The thirty two year old columbia university professor has been a vocal critic of big tech companies and. She's advocated for sweeping changes to antitrust enforcement with her confirmation secured. President biden is designating her as ftc. Chair the post will allow her to pursue an aggressive antitrust and consumer protection agenda so for more on khan and how she could shape the ftc. Enjoy our legal affairs. Reporter brent kendall. Hey thanks for being here. Thanks for having me okay. So tell us about khan's background here. Where does she come from so she has been on the fast lane star track of the progressive movement in terms of antitrust which she was a reporter wrote pieces for different publications went to law school and wrote this law review article about amazon. The thesis which was that antitrust law just doesn't really work to restrain companies like amazon. And how they've built their business and so she kind of skyrocketed from there she's been a legal adviser for progressive group. That is advocated for a wholesale change in antitrust enforcement. She went and worked on the hill for this house antitrust subcommittee that did this big investigation of tech firms and was a big piece of that and this report the democratic staffer at the end of this investigation making all sorts of recommendations that that congress rain tech company and so this all comes at a time. You know we're sees risen up these ranks and then got this nomination for the ftc from president biden. Which will now put her in theory at least in a position to try to put some of her views into
Lina Khan, Prominent Big Tech Critic, Will Lead The FTC
"President Biden his name big tech critic Lina Khan, as chairwoman of the Federal Trade Commission. As NPR's Bobby Allyn tells us, Khan becomes the agency's top enforcer after getting bipartisan support for her nomination from
Lina Khan, Prominent Big Tech Critic, Will Lead the FTC
"Federal Trade Commission. As NPR's Bobby Allyn tells us, Khan becomes the agency's top enforcer after getting bipartisan support for her nomination from Congress. Lina Khan is a 32 year old Columbia law school professor who rose to prominence after writing on how decades old antitrust laws are capable of policing tech companies like Amazon. Her approached, adored by progressives, and some on the right has been dubbed hipster antitrust since it Bucks tradition. Most legal cases focus on whether a company's practices are raising prices for consumers but can argue that it doesn't matter if companies like Amazon are in fact making prices cheaper, She says the company uses press The Tory tactics to lock in its dominance and limit choice. Con is expected to be a guiding force on the FTC as it reviews acquisitions by companies like Google, Facebook and Amazon. That's Bobby Allyn reporting. This is NPR.
NYC's 1,000-Lawyer Law Department Targeted by Cyberattack
"Cyberattack disrupts new york city law department the new york police department and fbi cyber task force are investigating intrusion into the new york city lot apartments it systems which could potentially have exposed sensitive information belonging to more than a thousand department employees on monday. The city government confirmed the incident and restricted admission into affected systems preventing government lawyers from accessing documents. Though the excess restrictions have disrupted court filings a law department spokesperson indicated that the agency was taking steps to minimize the impact cases. The incident comes just days after the metropolitan transportation authority confirmed intrusion by hackers into its databases amazon successfully presses to omit consumer protections from senate china bill on tuesday. The senate passed legislation aimed at countering china's growing economic power however after aggressive lobbying led by amazon. It excluded a measure designed to protect online shoppers from counterfeit and dangerous products. The measure known as the informed consumers act would have required online marketplaces to bolster identification procedures for third party. Merchants who sell on their sites in order to better weed out it stolen in unsafe products from rogue sellers. The bill would have been forced by the federal trade commission and violations would have been subject to civil penalties intel fixes. High severity vulnerabilities with june. Twenty twenty one platform update until his issued fixes addressing. Seventy security vulnerabilities as part of the june twenty. Twenty one patch. Tuesday according to intel's director of communications jerry. Bryant half of the vulnerabilities were discovered through. Intel's internal research security. Updates of note include five high. Severity vulnerabilities impacting. The intel virtualization technology directed o products. The bios firmware for some intel processors and the intel security library until detailed the security flaws insecurity advisories published on wednesday on its product security center
Amy Klobuchar on 'Antitrust'
"Joining us. Now senator amy klobuchar from washington. She is the senior. Senator from minnesota and her new book is called antitrust taking on monopoly. Power from the gilded age to the digital age senator. Thanks for being here. Well thank you. It's just wonderful to be on. You have been doing a few things during the past few years been busy. Why at a book. And i might add. This is not a quickie book. This is not an election book. This is a very heavily reported historical book more than two hundred pages of notes. Why well because. I care that much about this. I started to think about doing this a few years ago and it really for me started with a call. I got way back in two thousand and eight when i got a call from a pharmacist. Actually at minneapolis children's hospital and he said that the cost of this life saving heart drug for heart defects had gone up astronomically from like eight hundred dollars a treatment to sixteen hundred dollars treatment and he didn't know why and so. This is a very typical. You get these constituent calls so our staff followed up ahead of minneapolis children's and lo and behold. It turned out that one company had bought that drug but then they had also cornered the market by buying the competitor drugs. And so what happened. Was that the ftc got involved after. I brought it up. It's like your classic new senator. And i bring it up. I have the little vial at a hearing. And i say why is this happening to the ftc and they start federal trade commission based start looking into it and ended up bringing a major suit and that was really exciting. Then which is typical of a lot of these cases. The courts threw it out. Basically and said oh it's the other similar and then it took years for a generic and another competitor to develop
FTC and EU Warn They Could Crack Down on Biased AI
"The federal trade commission issued a strongly worded post monday warning companies against unfair or deceptive practices in their use of ai as well as violations of fair credit rules it told companies to hold themselves accountable for their algorithms or quote. Be ready for the ftc to do it for you. Dang and also this week the european union drafted detailed legislation that would regulate a including banning some surveillance and social credit scores. Let's check it out and quality assurance the segment where we take a deeper look at big tech story. Kahlo is a law professor at the university of washington. He says the ftc post was a surprise and as reading through it. My eyes were getting bigger and bigger and bigger. And i'm just sort of marveling at the language that the that the staff attorney his use but basically it's a shot across the bow for those people who are using and selling systems warning them that if they exaggerate claims about a i or if they sell ai that has a racially discriminatory on a fact that they should expect scrutiny from the federal trade commission. I guess my response. When i first saw that note though was we don't really have metrics for this. You know there's no consensus on how to judge whether ai is biased. The ftc is understaffed. Like how meaningful is the threat. Really remember that. The federal trade commission doesn't necessarily need to establish this or that algorithm is fair according to some metric. What they have to establish is that the company engaged in unfair or deceptive practice. Take for example. The the warning that you shouldn't make claims about what artificial intelligence can do that or not supported by the evidence right that's quite analogous to another context where you might exaggerate exaggerate the efficacy of some vitamin supplement.
Supreme Court Cuts Back FTC Power to Seek Ill-Gotten Gains
"Cut back the Federal Trade Commission's authority. Recover ill gotten gains. The justices overturned a nearly $1.3 billion award against a professional race car driver who was convicted of cheating consumers through his payday loan. Business. Mixed results
Biden Sees 'Win' for US In Electric Vehicle Battery Deal
"Biden is welcoming the settlement of a trade secret dispute between two South Korean companies that make batteries for electric vehicles. As Johnny Kauffman of member Station W. A B reports the settlement has major implications for the U. S electric vehicle industry, especially in Georgia. SK Innovation will pay Algae cam Nearly $2 billion is part of the settlement. The deal came before President Biden faced a deadline to act on a ruling from the U. S International Trade Commission that blocked SK from doing new battery business in the country. For a decade, Biden has made growing the electric vehicle industry a key part of his $2 trillion infrastructure plan. The commission ruled the Korean Corporation destroyed evidence in a trade secrets case. Georgia politicians were worried because SK is building a massive battery plant in the state that will likely employed thousands.
"trade commission" Discussed on Newsradio 600 KOGO
"Intended to diagnose treat cure or prevent any disease. Tracy Lawrence for the U. S Air Force Way all have tough choices. We have to make life just works. They're way way. I remember when I was getting ready to move to Nashville to pursue my dream back my 10 year old Toyota Corolla with 250,000 miles on it and hit the road. It was a tough choice, but the right one for me. If I decided to take what seems like an easier road, I never would have achieved my dream. You can do anything. If you put your mind to thiss message is brought to you by the U. S. Air Force. Spotify is launching a feature allowing users to stream music directly from their Apple Watch. In a Spotify support document, the company said the new streaming feature is now rolling out to Spotify premium users. Who have an Apple watch Siri's three or later the feature requires access to a cell leader or WiFi connection. The nation's health care system is running out of in 95 masks again, according to the Wall Street Journal. The sudden rise in hospitalizations Is greatly increased the need for masks by doctors and nurses, and once again, the nation appears to have been caught flat footed Many rent evictions have been pause during the covert 19 pandemic. But the Federal Trade Commission cautions that there are several conditions. The FTC says the order only protects renders who meet certain criteria and they can still be subject. Too late fees. Highmore Kaufman Learn more at consumer affairs dot com. Put your helmet on. Okay, you work hard to protect your family. But some risks are easy to miss Mosquito bites. Khun spread germs that cause West Nile virus or Zika virus. Cockroaches leave behind bacteria, as well as allergens that Khun trigger asthma attacks, stinging insects and more than half a million people to the emergency room. Every year. Common pests can threaten our health. Learn how to protect your family at.
"trade commission" Discussed on KQED Radio
"The Federal Trade Commission blocked a draftkings FanDuel merger on the grounds of the new company would quote control more than ninety percent of the U. S. market for paid daily fantasy sports contest so the company stayed separate FanDuel wound up being acquired by paddy power Betfair gaming company based in England and Ireland where unlike the US outbreaks sports gambling has been legal for decades draftkings remained an independent operator still the big question remained in the US where draftkings is based. fantasy sports betting legal. as face Robbins explained the answer would hinge on whether it was considered an act of skill or chance so the people who wrote is called looking the loch quantifying chance in fantasy sports and other contests that's Paco whose soy I'm a professor of mechanical engineering at MIT so is also co director of the MIT sports lab so we bring students and faculty together with pro teams and industry partners to look at sort of the abundance of data that's coming out of sports today. fifteen so we got a call from FanDuel. if they gave us their entire dataset could we tell them whether or not these contests were a contest of skill or contest of chance now when you hear about the company asking academic researchers to analyze their data when the outcome of that analysis may have huge business or legal implications for that company you may be a bit skeptical so here's the first thing has so he says she told FanDuel when they asked her to answer the skill versus what question I told this is a terrific question more than happy to look into it I also told them that we were going to publish the results regardless of what the outcome was and they said that's fine so I said great send us the data armed with a couple years worth of FanDuel data the story and her colleagues set out to analyze the roles of skill versus lock so how do you do that you know you have to think about skill and luck is a spectrum and ask where do these activities fit on the spectrum nothing is purely luck or purely skill like when you drive to work it's mostly skill but you also got lucky that nobody ran into you she and her colleagues used to model the compared fantasy players win fractions during the first half of the series of competitions against the wind fractions over the second half if you're flipping coins on average a person would win half of their games in the first half and half their games in the second half if it's a game of let's say a grand master in chess playing against a novice they'll probably win all the games they applied the same thinking to the fantasy sports data so we split it into fantasy baseball fantasy hockey fantasy basketball in fantasy football and if you're trying to explain to let's say and Attorney General where fantasy sports why on the spectrum you have to give them something to compare it to right the number that we give them doesn't mean anything on its own so then we compared that to real baseball hockey basketball and football in just add further context. we also included bicycle racing coin flipping and the stock market we put all of those on the spectrum to see where fantasy sports cluster and what they find so imagine the spectrum where zero is pure luck and one is pure skill. flipping sat in zero which is good so check the algorithm get that right the next point on the luck end of the spectrum was the stock market so that sat in about a third of the way up now I'm gonna move to the skill end of the spectrum the one that is the top end of the skills spectrum is bicycle racing which again makes sense because if you're faster fast right sometimes you have bad luck in a in a bicycle race but for the most part however is going to put out the most powers gonna win so now we come to the interesting chunk of the spectrum which lies sort of it between you know point six one point nine so basketball reward skill the most hockey rewards skill the least because basketball has a large number of scoring opportunities in each game and a large number of games in the season so that means that one lucky shot in basketball doesn't matter very much where is one lucky shot in hockey can matter a lot and football and baseball or somewhere in the middle and what about the fantasy sports versions of those real sports the fantasy sports are closely tied to where the real sports that meaning yes some luck is involved but also a lot of skill which varies by support which is not super surprising because the further up on the spectrum you are the easier it is to predict the outcome and if it is easy to predict the outcome then it is easier to choose players in your fantasy lineup..
"trade commission" Discussed on Bloomberg Radio New York
"The FTC the win. Joining me is Harry first professor of antitrust law at NYU law school, judge Lucy Koh ruled against Qualcomm on virtually every point and said that its licensing practices have strangled competition in certain modem chip markets. Is that exactly what apple had accused it of well, apple accused it of exacting excessive royalty rate and forbidding it from using through its exclusively agreements from using other chips? Particularly chips by Intel the two cases are similar in sense that. The Federal Trade Commission had included Apple's exclusivity agreements in its case, but the two parties are really seeking different things, so apple was seeking lower royalty rates in the end. The Federal Trade Commission is really attacking Qualcomm business model, but it too is very worried about the high prices that comes been able to exact on its patent licensing as far as the judge's opinion was was her language very strong. I think very is a is a weak adjective. Yes, very strong. Although in some ways, not surprising. She had been ruling in preliminary rulings, particularly at a fairly recent stage in the proceedings that it looked pretty much like the Federal Trade Commission case was pretty strong. So I actually wasn't surprised at how she came out. But when you read through her opinion, it's really a litany of Qualcomm 's licensing practices, what their intent was and what the effect has been on innovation and pricing and cell phone technology and handsets, more, generally. So it is quite strong. It's based on trial hearing witnesses doing the things that trial court judges are supposed to do, which is to judge the evidence assess the credibility of, of the various witnesses on both sides and come to a decision. So it's, it's a pretty strong case. What about the remedies? What kind of remedies did? She order and will they disrupt Qualcomm, business model. Well, the remedies that she ordered were targeted pretty much to the allegations of the Federal Trade commissions complain. So primary part of the complaint was well, actually two things the policy of no chips. No license. If you wanted the chips, you had to license the technology, which the commission said kept prices up so she said, you can't do that their licensing for the technology can be subject to dispute and arbitration, and they also now in addition to licensing handset makers, they have to license, competing chip makers, and that's been a big source of major contention and a away that Qualcomm has been able to obtain higher. Royalty rates by not licensing chipmakers, which means that any handset. Maker, even if they buy chips, from someone else still has to take a license from Qualcomm and still has to pay royalties royalties or high. We'll haram Indies possibly lower costs for apple. Another smartphone makers. There are a lot of smartphone makers that commissioned and her opinion talking about six of them. So yes, it should lower costs for them. And it, it ought to in the end, lower prices for consumers, a lot of people by smartphones and they've been paying these rates that are higher than the rates really that Qualcomm in a sense it promised to charge, and when those rates go down. That's a major part of the cost of, of handset, so yes, should lead to lower prices for the makers and for consumers in the end. Now Qualcomm said it, quote strongly disagrees with the judge's conclusions her turpentine of the facts and our application of the law, and it will appeal wonder it's chances on appeal. Well, it's always hard to say exactly, it becomes difficult to appeal cases that have been tried where a judge has made strong factual findings. I would say that way. It's similar. To the case that was brought in the late nineties against Microsoft, where the judge made extensive, factual findings which very much supported the decision of the court of appeals to affirm what the judge did. So they have a bit of a hard slog to go against those findings the two hundred thirty page of pinions, and it's very hard to overturn factual findings you know, unless they're clearly arbitrary. So they'll have a problem making those changes. Thanks for being on Bloomberg law. Professor Harry, first of NYU law school coming up on Bloomberg law. What does have in common with the leash aquis Dave Chapelle? They're all making moves to try to assert control in this smart phone in social media era over what they do on stage. And how much of it gets to those who.
"trade commission" Discussed on 710 WOR
"A complaint with the Federal Trade Commission for violating federal fair debt collection Practices Act, and then I'm going to hire an attorney, and I'm going to sue you personally. And they're gonna come to your home and bother you. Address the what they've even got my address. If they have your name. You know? But, but basically what you have to do is you have to Pierce through the stupidity and try to get them to actually make a change in the database that they're working from. Because here's the problem. The person you're talking to will not be working there in eleven days. Turnover ratio in a boiler room collection agency, full of morons is unbelievable. So the chances of you ever talking to the same human twice is almost zero in a situation hasn't and so they just the turnover rate is unbelievable all they do is hire and train replacements for the next set of morons to come in and call you because they couldn't get a job doing anything else. So we know they're morons. An unbelievable. So really you just have to get all up in their business. And then brash the freaking headset off their thing, if they call you again, and just you know, and do follow complaint with Federal Trade Commission, you could FTC dot gov. There's a place to do that. And just light them up because it is an industry that's out of control. And the only way regular people can handle that is to fight back because there's no communicating with stupid at this level. But you try one more time put him on notice. And do just exactly what I said. And if you're any nicer than what I just said, they're not gonna hear you did they do not understand anything except a two before across their face. And so you have to hit them that hard to try to get two of their brain cells to actually connect in the conversation and just just be unreasonable because this is an unreasonable situation. You've tried nice. You've tried normal. You've tried regular. And some of you sweet people out there going Dave Ramsey's over the top. No, you're dealt with the idiots at this level. Dave Ramsey's not over the top. Believe me. It's unbelievable. What these people do Roxanne is with us in Medford, Oregon. Hi roxanne. How are you? Hi, I'm good. How are you deserve? What's up? Well, I purchased my house about four years ago before I discovered you. And so my mortgage is more than a quarter of my take home pay. And so I've gotten really determined to try to pay it off as fast as I can. It's hard to do. Because most of my income. I do have I owe about two hundred thousand on my house, and I have about two hundred thousand dollars in non retirement investments. And I'm wondering if it is smart to cash those out to pay it off or as the capital gains wouldn't the taxes on it wouldn't be worth it. Oh, I would pay it off if you're if you're gonna keep it. Let's just pay it off. So how much are the capital gains are going to be on your two hundred thousand dollars worth of investments? I don't know yet some of them it's been invested since I was a baby and my grandparents set it up for me. So I don't know how much of it is still original from when it was invested. Or if a lot of it is new. Well, the gain will be the long term gain would be taxed at fifteen percent. So I mean, it's fifteen thousand per hundred thousand. There's a way of looking at it. And so, and I'm guessing it's your gain is probably inaccessible hundred thousand with what you're describing. It's possible. Fifteen grand. But I mean how much is in the toggle non retirement investment? Just over two hundred thousand and your your balances two hundred. Yes. Okay. That's my early payout is two your your pay off balance. Yeah. So I mean, the question is do you have enough to pay your taxes and pay off the mortgage, and that's a calculation you may want to sit down with a tax person and come up with. But what's your household income? About fifty thousand okay. So. Do you have an emergency fund? I do have my fully-funded emergency fund. How much is in that? About a little over twelve thousand five hundred. Okay, good don't touch that. Right. So run the calculations can you pay the taxes and the mortgage with the non retirement investment, if you can I would do that. Or I would sell your house one of the two. Okay. If you're not willing to use your investments to pay it off, you shouldn't be willing to keep a house. Because you're saying is you like the investments more than the house, which is an okay thing if you do like them like the investments more. But if you like the help you need you need to decide which one you're going to keep you can't keep both of them..
"trade commission" Discussed on Talk 650 KSTE
"With the Federal Trade Commission for violating the federal fair debt collection Practices Act, and then I'm going to hire an attorney, and I'm going to sue you personally. And they're gonna come to your home and bother you. Address the what they've even done. My andrea. If they have your name. But, but basically what you have to do is you have to Pierce through the stupidity and try to get them to actually make a change in the database that they're working from. Because here's the problem. The person you're talking to will not be working there in eleven days. Turnover ratio in a boiler room collection agency, full of morons is unbelievable. So the chances of you ever talking to the same human twice his almost zero in a situation hasn't and so they just the turnover rate is unbelievable all they do is hire and train replacements for the next set of morons to come in and call you because they couldn't get a job doing anything else. So we know they're morons. An unbelievable. So really, you just have to get all up in their business, and then brash, the frequent headset off their thing, if they call you again, and just you know, and do follow complaint with the Federal Trade Commission, you could FTC dot gov. There's a place to do that. And. Just light them up because it is an industry that's out of control. And the only way regular people can handle that is to fight back because there's no communicating was stupid at this level. But you try one more time put him on notice. And do just exactly what I said. And if you're any nicer than what I just said, they're not going to hear you. They do not understand anything except to before across their face. And so you have to hit them that hard to try to get two of their brain cells to actually connect in the conversation. And just just I mean, be unreasonable because this is unreasonable situation. You've tried nice. You've tried normal. You've tried regular and some of you. Sweet people are out there going Dave Ramsey's over the top. No, you're dealt with idiots at this level. Dave Ramsey's not over the top. Believe me. It's unbelievable. What these people do Roxanne is with us in Medford, Oregon, high rock, San how are you? Hi, dave. I'm good. How are you better than I deserve? What's up? Well, I purchased my house about four years ago before I discovered you. And so my mortgage is more than a quarter of my take home pay. And so I've gotten really determined to try to pay it off as fast as I can. It's hard to dukes. It's most of my income. I do have I owe about two hundred thousand on my house, and I have about two hundred thousand dollars in non retirement investments and wondering if it is smart to cash those out to pay it off or a spec. Capital gains wouldn't the taxes on it wouldn't be worth it. I would pay it off if you're if you're gonna keep it. Let's just pay it off. So how much are the capital gains are going to be on your two hundred thousand dollars worth of investments? I don't know yet some of them it's been invested since I was a baby and my grandparents set it up for me. So I don't know how much of it is still original from when it was invested. Or if a lot of it is new. Well, the gain will be the long term gain would be taxed at fifteen percent. So I mean, it's fifteen thousand per one hundred thousand. There's a way of looking at it. And so, and I'm guessing it's your gain is probably inaccessible hundred thousand what you're describing. It's possible. Yeah. Probably gonna cost you fifteen grand. But so I mean how much is in the total non retirement investment. Just over two hundred thousand and your your balances two hundred. Yes. Okay. That's my early payout. Is your or your pay off balance? Yeah. So I mean, the question is do you have enough to pay your taxes and pay off the mortgage, and that's a calculation you may want to sit down with a tax person and come up with. But what's your household income? About fifty thousand okay. So. Do you have an emergency fund? I do I have my fully-funded emergency funds. How much is in that? About a little over twelve thousand five hundred. Okay, good don't touch that. Right. So run the calculations can you pay the taxes and the mortgage with the non retirement investment, if you can I would do that. Or I would sell your house one of the two. Okay. If you're not willing to use your investments to pay it off, you shouldn't be willing to keep a house. Because you're saying is you like the investments more than the house, which is an okay thing if you do like them like the investments more, but if you like the house Hordley investments. All you need that you need to decide which one you're going to keep you can't keep both of.
"trade commission" Discussed on Bloomberg Radio New York
"Let's look at the court fight between Qualcomm and apple which continues this week in the US International Trade Commission with Qualcomm trying to stop apple devices from being sold in the United States for more on this story. Bloomberg's June Grosso speaks with Matt Larsen analyst for Bloomberg intelligence. Matt what's the basic dispute over? Sure, so this'll goes back to a dispute over patent royalties or the price that Qualcomm is able to charge to license at two to handset makers in this case. Specifically, apple Qualcomm does a lot of research and development, they contribute to standard setting organizations that essentially established how your phone connects to wireless networks and in exchange for doing that work and contributing to standards efforts handset makers who implement those standards. Oh, Qualcomm royalties. And there's no set price. These are all subject to negotiation. And so the the party is a couple of years. We're in the process of attempting to renegotiate a direct deal from Qualcomm to apple apple had previously paid through third parties who actually manufacture the physical iphone and they weren't able to arrive at a deal, so litigation ensued. There's a huge disputes. And we are where we are. So there are disputes in different courts in different countries. And there's a hearing this week before the US International Trade Commission, which is the second of two suits. So can you sort these out? Yeah. Yeah. Sure. So strategically when you're looking at patent, litigation you file in multiple different courts for a couple of different reasons, they offer different forms of relief as the first so the International Trade Commission threatens a US product sales and import ban on products that infringe patents. So there you put some pressure on Apple's supply chain, potentially. If you win. You know, you compare that to a district court case where they provide money damages or similarly my file lawsuits in China because it's a big importer exporter. So it's again a strategic hit at the supply chain. You also file in Germany because it's a fast jurisdiction. So you can see these legal disputes pile on. And there are countersuits and the whole thing kind of blows up to the large global, litigation, and that's Bloomberg intelligence litigation. Analysts max Marcin speaking, June.
"trade commission" Discussed on Big Ideas with Ben Weingarten
"For example, of the Federal Trade Commission, the commission promulgates subset of rules of conduct the commission then considers whether to authorize investigations into whether the Commission's rules have been violated. If the commission authorizes an investigation, the investigation is conducted by the commission which reports its findings to the commission. If the commission thinks that the Commission's findings worn enforcement action, the commission issues a complaint. The Commission's complaint that a commission rule has been violated is then prosecuted by the commission and judicata by the commission. This commission adjudication can either take place before the full commission or before semi-autonomous commission. Ministry of lodge if the commission chooses to adjudicate before an administrative law judge, rather than before the commission and the Shishen is adverse to the commission, the commission can appeal to the commission if the Commissioner intimately finds violation then and only then the affected private party can appeal to an article three court, but the agency decision, even before the bonafide article, three tribunal possesses a very strong presumption of correctness on matters of both fact and of law. This is the definition of tyranny. It is the accumulation of the legislative executive and judicial branches. All in one in an executive agency on elected on responsible, never has to answer to the citizens it's supposedly represents. And again, there's also the idea that congress should not be able to delegate its powers to an executive agency like this. But here you have it here. You have the definition of tyranny. Let's talk a little about the. Size and scope of the swamp. The administrative state each year, the competitive Enterprise Institute puts out its annual ten thousand commandments. Let me reveal some of the findings from their most recent version. And this is based on two thousand seventeen numbers federal regulations in two thousand seventeen cost Americans. One point, nine trillion dollars. Let's put a number. That's too big to comprehend in a little bit of perspective. One point, nine trillion dollars is more than all the personal and corporate income tax. The IRS collected last year, the value of US federal regulations that one point, nine trillion dollars would intern of itself rank as the eighth largest economy in the world ahead of Italy, every single household in America owes almost fifteen thousand dollars. If you were to look at the hidden cost of these regulations worth one point, nine trillion dollars. Another number that kind of puts into perspective a harassing government, the 2017 Federal Register, which contains all the federal government rules was sixty one thousand three hundred eight pages last year, and that's a thirty six percent decline from where the Federal Register was in two thousand sixteen. So we've made progress down to over sixty one thousand pages of federal rules, many of which you violate on a daily basis. There's a book out there, of course, which talks about three crimes that we commit a day that we don't even know of because of this just massive convoluted bureaucracy that's been built and also just to talk a little bit about the rules. Congress enacted ninety seven laws in twenty seventeen federal agencies issued thirty two hundred eighty one rules. So thirty four rules for every law created. So what does the law mean when they're thirty four rules that actually dictate what the law means. That means you're waiters and making the law, the bureaucrats making the law, and then what is our government do with the money that we see to it every year and talk about taxation without representation ear, which of course is another charge. An essential charge against the king will last year, there was one point seven million dollars, and this is Cording to the twenty seventeen government waste book which is put out every year. One point, seven million dollars for a comedy club, starring holograms of dead comedians. One point five million dollars from our government to test the endurance of a fish on a treadmill. I'm not making this up. This is literally what our government spends our hard-earned money on, and then the money of our future generations based upon the debt that's accumulated to finance all this stuff. Eight hundred seventeen thousand dollars to study monkey drool..
"trade commission" Discussed on KQED Radio
"The federal trade commission is also investigating facebook for possible violations of twenty eleven agreement to protect users privacy the trail of trouble began with data collected by a researcher who created a personality profiling app on facebook that gave the researcher access to information about tens of millions of users facebook says all that information was improperly turned over to cambridge analytica targeted individuals with emotionally charged content on behalf of the trump campaign if you know the the personality of the ppo targeting you can you on your messaging to resonate more effectively with those key audience groups last month sucker berg spoke to cnn about the scandal so this was a major breach of trust and i'm really sorry that this happened we have a basic responsibility to protect people's data and if we can't do that then we don't deserve to have the opportunity to serve people it turns out facebook was aware for at least two years that the data was being harvested in this way but did not disclose it until last month yesterday's zuckerberg admitted he made a huge mistake facebook now says it will limit third party access to data and make it easier for users to remove data gathering apps from their profiles the company said that on monday we'll begin alerting the users whose data was shared with cambridge analytica all of this follows earlier disclosures that russian provocateurs used facebook to place ads and post fake news trying to influence the twenty sixteen election just a little while ago judy sat down with top facebook executive sheryl sandberg cheryl sandberg thank you very much for.
"trade commission" Discussed on KQED Radio
"The federal trade commission issued a press release this morning the operative part of which goes like this the ftc takes very seriously it says recent press reports raising substantial concerns about the privacy practices of facebook today the ftc is confirming that it has an open nonpublic investigation into these practices and of quote practices that of course came to light a week or so ago after the news the cambridge analytic ahead leveraged a personality tests taken by two hundred seventy thousand people to scrape data from fifty million facebook users that jump from two hundred and seventy thousand test results to cambridge's claims of widespread election influence is what interested us so we put me on the spot the way to do this test is to sort of relax and sent to yourself and be honest let's stephen cobb as a researcher with the cybersecurity firm e said he has studied the personality test that cambridge analytic used and he sent me one that was similar little click on this little start button go for it oh man let me just describe it for folks and it goes like this i've got on my computer screen in front of me a a i don't know there's probably twenty five ish questions here of which there there one sentence in the first one is i'm the life of the party and then the answer options are disagree neutral agree in their five gradations between disagree and agree and i'm just gonna start clicking and and we'll see what happens okay statements like i often feel blue and i am not interested in other people's problems and i leave my belongings round is that a fancy way of asking you.
"trade commission" Discussed on TalkRadio 630 KHOW
"The federal trade commission confirms it's looking into the social media networks privacy practices live in dc fox's jared halpern the federal agency wants to know a facebook engaged in unfair acts that cause substantial injury to consumers it follows revelations a british political research firm got access to the data of millions of facebook users it was reported last week the federal trade commission would investigate the social media giant the fcc has now confirmed that investigation in a statement facebook says it remains strongly committed to protecting information and welcomes the opportunity to answer the ftc's questions in twenty eleven facebook reached a settlement with the ftc over privacy concerns chris and jared facebook stock is down around three percent right now that's up from where it was earlier today overall though stocks are up today on wall street the dow is up three thirty eight some russians are being kicked out of the country and other countries fox's john deckers at the white house in response to russia's alleged poisoning of a former russian spy on british soil president trump has ordered the expulsion of sixty russian diplomats the us identified as intelligence agents and the closure of the russian consulate in seattle white house spokeswoman sarah sanders said in a statement today's actions make the us safer by reducing russia's ability to spy on americans and to conduct covert operations that threaten america's national security a british government officials said in a statement this is an exceptionally strong signal of transatlantic unity us leadership and support for the uk prime minister theresa may chris john the russian government denies any involvement in that poisoning new guidelines on opioids from the american dental association telling dentist to limit prescriptions to one week there's also going to be mandatory education encouraging dennis to use non addictive painkillers instead fox news fair and balanced the clock is ticking every day you put out buying life insurance can cost you big time the older you get the more you'll have to pay and a.
"trade commission" Discussed on WTMA
"I recommend i love that mona matt as far as i'm concerned is probably the best on the market uh says of really high quality uh modem they used comcast you see uses modems and then they gone away from that to the real kind of a lower in one so uh okay fire thanks to our curiouser thank you by mena i'm telling you can you can mess with a lot of things we people don't mess with their internet connection are they ended as down i'm tanya messes up the whole day and i understand us everybody's all over the internet out there today to some so many things you can do on the internet and it's just gonna get better and better when you're out there i mean it's it's amazing all the stuff he can do and i think it's just were going to definitely get back much better all right echo facts we started talking about that a moment ago listen there's a the federal trade commission has kind of a little bit worried as a result of this situation in our and i won if you get nothing else out the show today this is one thing that i want you to get out of the show today and that is to be careful with people calling you or emailing you and asking for information and and the federal trade commission ftc there won't warning last week they put a little warning and says that they're expecting a new wave of impostor scams as a result of this equity facts breach and listen i i i'm just going say it there's a bunch of scum out there that i find any way they can to take advantage of you every time we have a natural disaster like a hurricane there's folks out there looking for ways to get that get that money and it's not going to go to the victims of the of these natural disasters in this case here the federal trade commission saying that um they're seeing are they the con outer cirque are posing as representatives of echo facts and they're calling you up they.
"trade commission" Discussed on The WAN Show Podcast
"I dunno i lied like you were saying this is not necessarily the end of net neutrality this is it's title to status yeah i basically said my piece i really don't know that much i don't wanna look like a fool um yet i have heard that the f t see the federal trade commission is the entity that ought to be regulating this type of thing not the fcc over there i think it just the big question mark the just like will they do it right yeah i don't i don't know the america has so many different government agency things they had on it and we're just canadian idiots vi john on here to exist american and schooled in law yeah i don't know it's it's an extremely complicated situation were probably not the best ones target my thing is i i have an automotive information about like the things around it like that weird fee thing and also the concept but i don't know the word of the law i don't know what bachelor like happens now that it's not titled too because had barely even understand what title to his ananta exertion add everything's in the okay we hope the yeah we hope skin the eye it could be really bad for us up here um so were driest reduce hoping that everything sorta you know survives down there it's always interesting pink canadian because so much of what happens in america is extremely important to us in so like i know of quite a few canadians that pay attention to american politics more than a canadian politics not only because it's far more crazy.
"trade commission" Discussed on Talk 1300 FM
"Really can contact via the federal trade commission is the best out on this the fcc does deal somewhat uh with the issues regarding uh telephones but uh frankly the federal trade commission is the best and i'm gonna take a little bit of a exception with uh uh with douglas maybe down hey it is a lovely time of year for the most part and it should be but again you cannot ignore people who would do you harm steve weissman is the man behind the website scam aside dot com as caam ice id ecom.
"trade commission" Discussed on WLOB
"Thank you for your call how 'bout that see we all have of course the desire to uh to get back at these people personally i would uh although i have the desire to but uh i am leery of special somebody contacts you by way of the internet who knows what they may do to you if they have your internet connection so what is the best response now our douglas tried calling the phone company and belt he did not get a satisfactory response uh i don't know better business bureau of the us attorney i mean it is there any body that the that you really can contact yeah via the federal trade commission is the best out on this efc she does side peel somewhat uh with issues regarding telephones but uh frankly the federal trade commission is the best and i'm gonna take a a little bit of a exception uh with uh uh with douglas you may maybe down south but people may talked a little bit more slowly but there just as sharp sometimes maybe even more so in his advice about not answering is the best now here's the thing you can get yourself on the federal do not call list but all that's going to protect you from is from so called legitimate telemarketers in there are legitimate telemarketers the scammers are going to ignore it and that's the thing there's there's a couple of things you can do there's a free service out there called no mold robo and this will protect you from most robo calls what happens is and i use this myself i'm you you've install this it's really easy to do online you can just go no more robo or go to scam aside and put in robo calls and what happens is they have these massive lists of the the phony numbers so it will ring once and then it will the normal robo will disconnected but even if it doesn't pickup frankly if i don't recognize that number i don't pick it up if it's a legitimate call they're going to uh leave a uh uh.
"trade commission" Discussed on AP News
"The federal trade commission could take action against trip adviser after the travel company was accused of deleting hotel reviews that contained allegations of rape and other crimes a lawmaker asked for an enquiry to more women are accusing minnesota senator al franken of touching them inappropriately during his first senate campaign a decade ago senate leaders are calling for an ethics investigation fans are still reacting to the death of david cassidy the 70s heartthrob died in florida at the age of sixty seven no funeral arrangements have been announced i'm jackie bring and the turkey but let's hold off on the political talk ap correspondent make hanbin reports on a new survey that shows more than a third of americans say the dread the prospect of discussing politics over the anc's giving a new associated press norc center for public affairs research poll shows just two in ten people say they are eager to talk politics foreign ten don't feel strongly either way democrats are slightly more likely than republicans to say there are uneasy about political discussions at the table women are more likely than men to say they dread the thought of political talk name and those who think there is at least some possibility of politics coming up are somewhat more likely to feel optimistic about it then americans as a whole mike kemp in washington the rate on 30year fixedrate mortgages lift this week to three point nine two percent from three point nine five percent last week but the 15year fixed rate mortgage which is popular among homeowners who are looking to refinance inched up to three point three two percent from three point three one percent a year ago the 30year rates stood at four point o3 and the 15year at three point two five mortgage rates often follow the yield on 10year treasury notes which dipped this week who's being accused of violating the americans with disabilities act advocacy groups of.
"trade commission" Discussed on The Digital Entrepreneur
"Uh legally speaking because the federal trade commission has you know specifically cited you know both marketing agencies and businesses for you know doing things that are duplicitous online involving reviews so whether it's you know pain someone to post schill negative reviews or post you know fake positive reviews then you are starting to to get you know incur the risk that if someone notices if someone detect set they can really you know bring bringing some government action against you well yeah and that's something again it is a whole world out there that i think a lot of people don't uh truly appreciate that his below the surface in certainly something fraught with lots of legal implications either if you're trying to improve your hankie or uh in in other cases i did the to the detriment of your competition so let's go into the fun stuff though okay because i want to talk about positive things the positive things are this in the case of this particular lawsuit in dallas one of the things that the news reported was that the photographer in question did not really have f an evolved uh online profile dear home site etc there were good reviews and good rankings four uncertain wedding photography or wedding oriented sites but it was really much more passive from what i could tell in the article about how she treated the online experience so she intern i believe was susceptible to someone with focused intent to say something negative about our on a constant basis however let's go through the hypothetical what should someone today beef doing right now in wanting to protect themselves from potential issues that may come up from the negative reviews what should be they be doing right now uh could question so.
"trade commission" Discussed on The Brookings Cafeteria
"And there were not enough votes to override that veto so essentially it would have been a stalemate i think politically now we're and the situation if congress did decide to act and obviously we have control of the house and senate by the republicans the strong presumption is that president trump a republican would not veto that act an essentially would sign what other issue that i've seen come up in the regulatory space is to do with the fcc strice diction versus the ftc the federal trade commission stressed action q discuss what that issues all about sure it gets a little uncomplicated selomy try to appeal the onion a little bit the federal trade commission is governed by an entirely different piece of law called the federal trade commission act which goes back again to the new deal in 1930s i am the federal communications commission is governed by v communications act 1930 four two totally different pieces of legislation two totally different agencies the ftc the federal trade commission has very broad authority as a consumer protection agency and that means if for example you were a consumer or a group of consumers who found that a internet service provider was throughout linger blocking your service you might go to the fcc where the ftc might initiate on its own a complaint against that ice pay and has full enforcement authorities what's happened in this title too discussion and implementation is that under the federal trade commission act the ftc is prohibited from overseeing or regulating common carriers and now that all of the ias peas.