Jesta Digital LLC would refund its clients and pay USD1.2 million to the Federal Trade Commission over claims that Jesta included unwarranted fees to consumers' cellphone bills.
Tags: Federal Trade Commission
Apple to pay back $32.5M for in-app purchases
California, US-based tech giant Apple Inc signed an agreement with the Federal Trade Commission (FTC) to pay out at least $32.5 million as refund for the parents of kids who racked up big in-app charges without explicit consent.
Industry insider prediction spot-on as Hertz-Dollar Thrifty deal fails
A Bloomberg recounted how the Federal Trade Commission's decision to approve the USD2.3 billion buyout deal by Hertz Global Holdings Inc of Dollar Thrifty Automotive Group Inc was a mistake.
Littlejohn & Co to acquire e-commerce company Newgistics
Connecticut-based private equity firm Littlejohn & Co. was said to be buying e-commerce company Newgistics Inc. The deal will be financed by Littlejohn's Fund IV, which has a capital commitment of USD1.3 billion.
Twitter avoids US antitrust probe from MoPub acquisition
The Federal Trade Commission said that Twitter's acquisition of MoPub would not be challenged by antitrust regulators.
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The US FTC updated its 2012 advertising guidelines and sent a letter warning Google, Yahoo, Microsoft, and other internet search companies to follow or be fined.
Funeral Consumers Alliance protested against funeral home chain's acquisition of competitor. The Funeral Consumers Alliance (FCA) sent a letter to the Federal Trade Commission (FTC) on Thursday.
The FTC reviewed Tenet's acquisition of Emanuel Medical Center. The Federal Trade Commission (FTC) was reviewing the acquisition of Emanuel Medical Center by Tenet Healthcare.
GE obtains approval from the Federal Trade Commission for its purchase of Lufkin pumps. General Electric Co obtained antitrust approval to purchase oilfield pump manufacturer Lufkin Industries Inc.
The Macquarie Capital purchase of Advantage is under review by antitrust regulators. US regulators are reviewing the consent decree that allowed Macquarie Group Ltd to purchase Advantage rental brand from Hertz Global Holdings.
