GameStop (GME) CEO Ryan Cohen fined $985,320 penalty in FTC antitrust law violation settlement
Cohen failed to file a HSR form and wait before completing the acquisition of 562,000 Wells Fargo shares.
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Cohen failed to file a HSR form and wait before completing the acquisition of 562,000 Wells Fargo shares.
The ban will be retroactive except for executives earning over a certain threshold and is expected to begin 120 days after being published in the Federal Register.
The lawsuit marks the first antitrust charges against Amazon by the US government.
The Federal Trade Commission has its sight set on another tech giant.
One of the last major hurdles to the Microsoft acquisition of Activision Blizzard appears to have been cleared.
Microsoft has scored a major win in pursuit to acquire Activision Blizzard.
Matt Booty expressed fears of another competitor becoming the 'Disney of games.'
PlayStation lead Jim Ryan recent said that if the Activision Blizzard/Microsoft deal goes through, Activision will not be allowed to access and aid in the PS6's development.
The FTC alleges that Amazon also sabotaged users' efforts to cancel their membership.
The Federal Trade Commission and UK's CMA are two of the last holdouts in the way of the deal going through.