Finance

Statement Regarding Illumina’s Decision to Divest Grail

Illumina, Inc. announced it would divest Grail, Inc. following a U.S. Court of Appeals for the Fifth Circuit decision that supported the Federal Trade...

FTC Approves Final Order Settling Horizon Therapeutics Acquisition Challenge

The Federal Trade Commission today finalized a consent order that resolves potential competitive harm stemming from Amgen Inc.’s acquisition of Horizon Therapeutics plc. As...

Statement Regarding the Termination of Sanofi’s Proposed Acquisition of Maze Therapeutics’ Pompe Disease Drug

Following Sanofi’s decision to terminate its proposed acquisition of an exclusive license to Maze Therapeutics Inc.’s developmental drug to treat Pompe disease, the Federal...

FTC Announces CARS Rule to Fight Scams in Vehicle Shopping

The Federal Trade Commission has finalized a new rule to fight two common types of illegal tactics consumers face when buying a car: bait-and-switch tactics...

FTC Acts Against Operators of Income Scheme “The Sales Mentor” That Charged Consumers Millions for Bogus Telemarketing Advice

The Federal Trade Commission has obtained proposed orders against the operators of a wide-ranging scheme known as “The Sales Mentor” that made millions by...

FTC Seeks to Block Sanofi’s Acquisition of Rare Disease Drug that Threatens Sanofi’s Monopoly

The Federal Trade Commission is seeking to block Sanofi’s proposed acquisition of an exclusive license to Maze Therapeutics Inc.’s therapy in development for treatment...

FTC Approves 2023 Budget for Horseracing Integrity and Safety Authority

The Federal Trade Commission has issued an order approving the Horseracing Integrity and Safety Authority’s 2023 budget as submitted to the Commission. On March 27,...

FTC, DOJ and HHS Work to Lower Health Care and Drug Costs, Promote Competition to Benefit Patients, Health Care Workers

Anticompetitive acquisitions and practices can chill fair competition, leading to higher health care costs, degraded working conditions, and less innovation across the health care...

FTC Order Requires Old Southern Brass to Pay for False Claims of “Made in the USA” and Veteran Affiliations

The Federal Trade Commission is taking action against Florida-based EXOTOUSA LLC. (d/b/a Old Southern Brass) for falsely claiming that certain company products were manufactured...

FTC Announces Claims Process for Consumers Harmed by Credit Karma “Pre-Approved” Offers for Which They Were Denied

The Federal Trade Commission is launching a claims process for consumers harmed by Credit Karma’s practice of misrepresenting that consumers were “pre-approved” for credit...

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