Regulators

Call of Duty: Warzone 2.0

Sony has been accused of lying to EU regulators about the Microsoft Activision deal

What you need to know Microsoft’s Frank X Shaw alleged that Sony recently lied to EU regulators about its ongoing acquisition of Activision Blizzard. Specifically, Shaw says Sony told the EU that Microsoft wasn’t willing to offer parity between the PlayStation maker and Call of Duty, even though Microsoft had previously proposed a 10-year deal. …

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Biden's regulators suggest banning non-competitors

Biden’s regulators suggest banning non-competitors

The FTC is also looking to ban other types of employment provisions under the rule that have the same non-compete effect. This can include requirements for reimbursement of training expenses if the worker leaves the company within a certain period of time. The FTC’s proposal would extend it to nearly all employment arrangements, including unpaid …

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Antitrust regulators suggest banning incomplete clauses to workers

Antitrust regulators suggest banning incomplete clauses to workers

Comment on this story comment The Federal Trade Commission on Thursday proposed a rule that would prevent employers from imposing imperfect conditions on workers — a widespread practice that economists say wipes out wages, prevents new companies from forming and raises consumer prices. The ban would make it illegal for companies to enter into incomplete …

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Credit Acceptance CEO Ken Booth.

Regulators say true cost of Credit Acceptance Corporation loans ‘hidden’

The Southfield-based regulator, which provides car loans to those with bad credit and may not qualify for a car loan, is accused of making predatory deals that put financially vulnerable buyers on the brink of failure. Auto loans for used cars carry “exorbitant interest rates, are loaded with expensive add-ons, and borrowers are so indebted” …

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