The Coke and Pepsi of daily fantasy won’t be joining forces, after all. Via Reuters, FanDuel and DraftKings have decided not to proceed with a plan to merge. The move flowed from a decision by the U.S. Federal Trade Commission to challenge the transaction, arguing that it would give the combined company more than 90 percent…
The two leading daily fantasy sports companies DraftKings and FanDuel scrapped their proposed merger on Thursday, about a month after federal regulators sued to block it. The Federal Trade Commission … Click to Continue »
(Reuters) — Daily fantasy sports companies FanDuel and DraftKings scrapped a plan to merge on Thursday following a legal challenge by U.S. antitrust enforcers. The U.S. Federal Trade Commission said in June that it would seek to stop the deal because the combined company would control more than 90 percent of the U.S. market for paid daily […]
The daily fantasy sports leaders won't merge after all due to major opposition from the Federal Trade Commission.
The planned merger between dueling leaders of the daily fantasy sports industry, DraftKings and FanDuel, is officially off, less than a month after the Federal Trade Commission announced its plan to block the union. “FanDuel decided to merge with DraftKings last November because we believed that this deal would have increased investment in growth and […]
FanDuel and DraftKings’ dream of merging into a fantasy sports colossus ended today following the Federal Trade Commission’s decision last month to sue to block the deal. The companies “believed that this deal would have increased investment...Show More Summary
Dakotas-based Sanford Health says a move by the Federal Trade Commission and North Dakota attorney general to block a merger agreement with a Bismarck clinic lacks an understanding of health … Click to Continue »
The Federal Trade Commission has recently announced that it has authorized legal action to block the merger of the two largest daily fantasy sports sites, DraftKings and FanDuel. The Commission alleges that the combined entity would control more than 90% of the U.S. market for paid daily fantasy sports contests. The FTC, together with the Offices of the […]
The Federal Trade Commission said it halted the operations of Blue Global Media after the company earned millions of dollars by falsely promising to match them with low-rate loans. In a settlement with the FTC announced today, Blue Global faced a judgment of $104 million, which was suspended because neither the company nor its CEO, […]
Some of the nation's biggest Internet providers are begging a court not to weaken the power of a major regulatory agency — the Federal Trade Commission — in a case that has implications for businesses and consumers nationwide and puts the companies at odds with another key industry player, AT&T. The request earlier this week by Charter, Comcast, Cox and […]
A U.S. Federal Trade Commission lawsuit leveled against Qualcomm before the start of a separate case by Apple can continue in spite of overtures for a dismissal from the chipmaker, a California court ruled this week.
A Northern California federal judge has denied Qualcomm Inc.’s motion to dismiss the U.S. Federal Trade Commission antitrust lawsuit against the San Diego wireless technology company, which means the case will go forward. The suit, filed in January, alleges that Qualcomm uses its dominant market...
The Federal Trade Commission accuses Qualcomm of using its power to extract high royalties from phone makers.
A U.S. federal judge ruled against Qualcomm’s motion to dismiss a Federal Trade Commission case arguing that the large supplier of smartphone chips used its position to compete unfairly.
Donald Trump did a great job with the Federal Communications Commission, putting in someone who won't make big giveaways to the far left. So why is he considering making a giant giveaway to Google at the Federal Trade Commission? The post Why is Trump making an Obama-style giveaway to Google? appeared first on RedState.
The proposed merger between fantasy sports rivals DraftKings Inc. and FanDuel Inc. is facing a challenge from the Federal Trade Commission and the attorneys general of California and Washington, who... To view the full story, click the title link.
The Federal Trade Commission and attorneys general in California and the District of Columbia said they will file a complaint to block the merger of the biggest fantasy sports companies, FanDuel and Draftkings. The complaint will allege that the combined firm would control more than 90 percent of the U.S. market for daily fantasy sports […]
Last November, fantasy sports sites DraftKings and FanDuel announced they would be merging -- a deal that was expected to finalize later this year. However, according to an Federal Trade Commission press release, the FTC will try to block the merger. Via: Recode Source: FTC
Back in April, the Federal Trade Commission (FTC) sent out 90 letters to Instagram influencers reminding them to properly disclose any “material connection[s]” they have with brand partners. Those links “should be clearly and conspicuously...Show More Summary
The maker of phone chips throws the latest stone in a battle with the US Federal Trade Commission.