DOT has the same statutory language to effectively ban deceptive flight cancellations, the way the FTC has banned noncompete agreements.
Federal Trade Commission
Posted inMoney, Politics, and Power
FTC Ban on Noncompetes Sets Up Huge Legal Fight
The agency used its dormant rulemaking authority to prohibit the wage suppression tactic. Conservatives are already positioning to fight the rule in the courts.
Posted inMoney, Politics, and Power
A Moral Video Game Industry Requires Regulation
Epic Games allegedly exposed children to predators and ripped off its customers.
Posted inTAP
Biden’s Agencies Rule: One for the Workers, One Not
Today on TAP: The NLRB goes after employer lawbreaking, while the FTC—just this once?—disregards workers’ concerns.
Posted inEconomic Policy
KeyBank Promised to Increase Low-Income Lending, Then Did the Opposite
The National Community Reinvestment Coalition charges that the bank failed to follow through on written commitments that helped get a merger approved.
Posted inMoney, Politics, and Power
The Week Corporate Power Started to Dissipate
Aggressive antitrust enforcement is starting to notch some victories.
Posted inMoney, Politics, and Power
The Crime Wave That Republicans Defend
Corporate theft and fraud is not only tolerated by the GOP, it’s shielded. Yet Democrats rarely use this to attack Republican messaging on crime.
Posted inMoney, Politics, and Power
Proposed Kroger-Albertsons Merger Would Create a Grocery Giant
FTC chair Lina Khan will almost certainly sue to block this consolidation. Despite a monopoly-friendly judiciary, she has a strong chance of success.
Posted inEconomic Policy
Returning to Fairness
A commissioner at the Federal Trade Commission considers rural America and open markets.
Posted inMoney, Politics, and Power
Griftrix
The implosion of a $16.5 billion Citrix Systems debt deal reveals how private equity firms always manage to wriggle out of trouble.
