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Articles by Danielle Fong
Antitrust and Competition Life Sciences Year in Review 2024 | JD Supra
The last year (and particularly the last few months) of the Biden Administration brought a flurry of activity from the Federal Trade Commission (FTC) in the life sciences space, continuing a yearslong pattern of close scrutiny and culminating most notably in the issuance of a complaint against the leading pharmacy benefit managers (PBMs).
CFPB Sues Bank Regarding Allegations of Fraud Against Benefit Recipients | JD Supra
On December 6, 2024, the Consumer Financial Protection Bureau (CFPB) announced that it had filed suit against a bank subsidiary of a financial services company for allegedly disconnecting customer service calls, charging illegal ATM fees, misleading fraud victims, imposing illegal terms of service on consumers seeking to stop payments, failing to investigate account problems, and forcing consumers to close accounts and incur fees.
CFPB Permanently Bans Student Loan Servicer | JD Supra
On December 4, 2024, the CFPB announced that it entered into a proposed stipulated judgment with a student loan servicer and its owner, resolving allegations that the student loan servicer violated the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act (CFPA). According to the judgment, the servicer at issue and its owner illegally requested and collected advance fees in the amount of $3.5 million.
United States: DOJ and FTC to shift focus to AI as stringent merger enforcement chills tech deals
Introduction The most notable aspect of US merger enforcement in the technology sector in the past year has been the absence of it. The Federal Trade Commission (FTC)’s and Department of Justice (DOJ)’s enforcement activity has been minimal compared with the first few years of the Biden administration, when the FTC opposed acquisitions by Nvidia, Meta and Microsoft and brought lawsuits challenging consummated acquisitions by Meta and Google.
CFPB Issues Consent Order Against Third-Party Debt Collector | JD Supra
On December 15, 2023, the CFPB announced that it entered into a consent order with a medical debt collector resolving allegations that the debt collector tried to collect unverified medical debts after consumers disputed the validity of those debts. The CFPB alleges that the company failed to conduct reasonable investigations of disputed debts and failed to inform consumer reporting companies that certain information was being disputed in violation of the Fair Credit Reporting Act.
Antitrust & Competition Technology Quarterly Update Q3 2023 - Antitrust, EU Competition - Worldwide
The FTC and 17 states filed a landmark antitrust complaint against Amazon alleging monopoly power in the online superstore and marketplace services markets. The case faces challenges, including legal hurdles and the potential difficulties of demonstrating anticompetitive effects. Antitrust cases involving Google are progressing, with the trial concluding in the DOJ's search engine case, settlements in its consumer app store case, and trial under way in Epic Games' lawsuit against it.
Antitrust & Competition Technology Quarterly Update Q3 2023 | JD Supra
December 28, 2023 Brady Cummins, Danielle Fong, Andrew Lacy, Kevin Walsh Goodwin + Follow x Following x Following - Unfollow Contact To embed, copy and paste the code into your website or blog: Key Takeaways The FTC and 17 states filed a landmark antitrust complaint against Amazon alleging monopoly power in the online superstore and marketplace services markets. The case faces challenges, including legal hurdles and the potential difficulties of demonstrating anticompetitive effects.
Minnesota Attorney General Enters Into $20,000 Settlement with Student-Loan Debt Relief Company | JD Supra
On February 14, 2023, the Minnesota Attorney General (AG) announced a settlement with a California-based student-loan debt relief company to resolve allegations that the company operated a fraudulent student loan debt forgiveness scheme. The AG alleged that the company violated Minnesota’s Debt Settlement Services Act, Minn. Stat. §§ 332B.03-.12, the Prevention of Consumer Fraud Act, Minn. Stat. § 325F.69, et seq., and the Uniform Deceptive Trade Practices Act, Minn. Stat.
What can a technologist do about climate change?
Many home appliances that consume significant electricity — air conditioner, water heater, clothes dryer, electric vehicle charger — have some tolerance in when they actually need to run. You don’t care exactly when your electric car is charging as long as it’s charged in the morning, and you don’t care exactly when your water heater is heating, as long as the tank stays hot.
Generation Unplugged: Energy, Tech, and Designing the Future
▼ Click the word "playlist" to access a full list of videos from this event. From fueling and monitoring energy use within our homes to charging electric vehicles on the go, energy options are rapidly diversifying while demand from young, savvy consumers is shaping the technology offered. Today, new options in energy distribution offer more choices than ever about where to get energy and how to use it, but what are the long-term impacts of these decisions?
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