The Federal Trade Commission said in a staff report issued Friday that there are potential competitive issues in partnerships between big tech companies

The FTC also alleges that Amazon is charging its sellers exorbitant fees, in many cases close to 50 percent of their revenue: “These fees harm not only sellers but also shoppers, who pay increased prices for thousands of products sold on or off Amazon,” the FTC argued in its filing.

Filing details $400 million license for smart robot system and claims retail giant’s “reverse acquihire” contract limits competition and merits antitrust scrutiny.

The FTC warns that multi-billion-dollar partnerships between Big Tech and AI startups could lead to the monopolization of the AI and cloud computing sectors.

MICROSOFT’S US$13 billion investment in OpenAI raises concerns that the tech giant could extend its dominance in cloud computing into the nascent artificial intelligence (AI) market, the Federal Trade Commission (FTC) said in a report released on Friday (Jan 17).

The U.S. Federal Trade Commission (FTC) on Friday found that the partnerships between Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN) and Alphabet's (NASDAQ:GOOGL)(NASDAQ:GOOGL) Google with OpenAI and Anthropic allows for the potential of the artificial intelligence (AI) developers being "fully acquired" by the tech giants.

The FTC says "Genshin Impact deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning."

Publishing.com's claims about passive income from AI-generated Amazon books have drawn complaints about undisclosed fees and aggressive sales tactics.

Lina Khan, who was tapped by President Joe Biden to lead the FTC, is set to be replaced by President-elect Donald Trump’s pick Andrew Ferguson.

In a complaint filed Wednesday, the FTC alleged that since 2018, GoDaddy has failed to implement reasonable and appropriate security measures to protect and monitor its website-hosting environments for security threats and misled customers about the extent of its data security protections on its website hosting services.

The authors write "This past year saw the release of new Hart-Scott-Rodino (HSR) Act filing requirements, an intensified focus on labor market competition, including the issuance of a ban on noncompete agreements,

The Democratic enforcer significantly expanded the agency’s remit; now the new GOP administration will decide how to follow through.