Bloomberg Law “The US Supreme Court’s decision to pause a nationwide injunction blocking the Corporate Transparency Act again created uncertainty for US businesses even as the federal government said enforcement of the law remains on hold. The justices on Thursday granted the Justice Department’s request to stay the injunction—the first to block Read more…
Bloomberg Law “The Federal Trade Commission will require companies to secure opt-in consent for targeting advertising to children and bar them from retaining kids’ data indefinitely under finalized amendments to its children’s privacy rule being unveiled Thursday. But the update to the FTC’s rules implementing the 1998 Children’s Online Privacy Read more…
Bloomberg Law “The US Justice Department filed a lawsuit to block a $570 million deal in the corporate travel market over antitrust concerns. In a complaint filed Friday in federal court in New York, antitrust enforcers said American Express Global Business Travel Group Inc.’s acquisition of rival CWT Holdings would harm the market for travel management. Read more…
Bloomberg Law Amazon.com Inc. must face an antitrust lawsuit by a competing online retail platform that alleges the e-commerce giant maintains an illegal monopoly and uses that power to stifle competition. Zulily LLC, an online apparel retailer that describes itself as an Amazon victim, has offered enough evidence that it competes Read more…