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Amazon, Google Probed by FTC Over Search Advertising Practices

Bloomberg Law “The US Federal Trade Commission is investigating whether Amazon.com Inc. and Alphabet Inc.’s Google misled advertisers that place ads on their websites, according to people familiar with the matter. The investigations, which are being conducted by the agency’s consumer protection unit, focus on whether the companies properly disclosed the terms and pricing for Read more

consumer protection book; business law

Rivian Must Battle Investor Suit Over Demand, Backlog Claims

Bloomberg Law “Rivian Automotive Inc. must defend against shareholder allegations the electric-vehicle maker overstated demand based on misleading preorder backlog numbers. Investors sufficiently alleged that top executives were watching the backlog metrics “daily,” boosting an inference of intent or reckless disregard, Judge Consuelo B. Marshall said in an order entered Thursday. CEO Robert J. Read more