Category Archives: Federal Trade Commission
FCC Votes To Repeal Obama-Era Net Neutrality Protections
Update: House Speaker Paul Ryan (R-WI) issued the following statement following Federal Communications Commission (FCC) Chairman Ajit Pai’s actions to undo net neutrality regulations: “Despite its unassuming name, the Obama administration’s net neutrality regulation threatens the free and open internet that has done so much to advance modern society. The Trump administration’s action to roll […]
Corporate America Is Suddenly Freaking Out About Amazon
Last night we showed the dramatic impact Amazon has had on the retail sector, where over $6 billion in retail debt has filed for Chapter 11 protection YTD… … a 110% surge compared to the first half of 2016, and pointed out that there was one recurring name mentioned among 2017’s bankrupt retailers listed in […]
Democrats Urge Antitrust Action Against Amazon Over Whole Foods Deal
In the wake of their embarrassing electoral defeat in November, Congressional Democrats are turning against the wealthy tech benefactors who bankroll their campaigns. To wit, a group of 12 Democratic Congressman have signed a letter urging the Department of Justice and the Federal Trade Commission to conduct a more in-depth review of e-commerce giant Amazon.com […]
How Google Rigs Search And Hurts Consumers
Authored by Mike Krieger via Liberty Blitzkrieg blog, I’m sure all of you heard about the $2.7 billion fine imposed by the EU on Google as a result of its anti-competitive behavior, but not many of you probably know exactly what the search giant did to earn it. To shine some light on the topic, […]
Subprime Pet Rental Company Files For Bankruptcy
Two months ago, Bloomberg’s Patrick Clark penned an article that promptly went viral as it touched on a rather unorthodox topic: a pet leasing, or rather rental, company aimed at subprime borrowers who could not afford to buy their pet outright. The company in question is Wags Lending, a/k/a Bristlecone, was founded by Dusty Wunderlich […]
12 Million Americans Are About To Get An Artificial Boost To Their FICO Scores
Back in August 2014, we reported that in what appeared a suspicious attempt to boost the pool of eligible, credit-worthy mortgage recipients, Fair Isaac, the company behind the crucial FICO score that determines every consumer’s credit rating, “will stop including in its FICO credit-score calculations any record of a consumer failing to pay a bill […]