The Biden administration proposed new guidelines for corporate mergers, took steps to disclose the junk fees charged by landlords and launched a crackdown on price-gouging in the food industry. | AP
The Department of Justice and the Federal Trade Commission are proposing revised guidelines for how they evaluate mergers. Their goal is to provide more clarity on the impact mergers can have on workers and to update the guidance for a digital economy that is shaped by companies such as Apple, Amazon, Alphabet and Meta.
Republican lawmakers have accused FTC Chair Lina Khan of “harassing” Twitter since it was acquired by billionaire Elon Musk. They say her push to break up the concentration of corporate power amounts to government interference in business practices. Khan has said such interventions will enable more competition within the U.S. economy in ways that are positive for consumers, workers and new businesses.
Separately, the government is working with the companies Zillow, Apartments.com and AffordableHousing.com to create a new website that reveals to renters all of the fees they could be charged when signing a lease. The Department of Agriculture is partnering with more than two dozen state attorneys general to investigate and sanction price gouging in the food sector. The department is also creating a new liaison for farmers to discuss the patent process regarding seeds.The White House has said its broader efforts have led to more entrepreneurship. In the wake of the coronavirus pandemic and a historic series of relief packages, there were 10.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
White House partners with Amazon, Google, Best Buy to secure devices from cyberattacksA new certification and labeling program would raise the bar for cybersecurity across smart devices such as refrigerators, microwaves, televisions, climate control systems and fitness trackers, the White House says.
Read more »
Biden, Vatican envoy discuss Ukraine warWASHINGTON, D.C.: US President Joe Biden and a Vatican envoy discussed the Russian invasion of Ukraine and deportation of Ukrainian children Tuesday, the White House said.
Read more »
US President Biden invites Israeli prime minister to WashingtonU.S. President Joe Biden has invited Israeli Prime Minister Benjamin Netanyhau to Washington for an official visit, a statement from the prime minister&39;s office said on Monday.
Read more »
Palace broadcasting arm takes over Paul Soriano's director duties in SONA 2023--House execThe Radio Television Malacañang (RTVM)--the Palace's official broadcasting arm--will perform director duties during President Ferdinand 'Bongbong' Marcos Jr.'s State of the Nation Address (SONA) on July 24, 2023. READ:
Read more »
'Native ang dating': House exec says SONA will have local themeIf House Secretary General Reginald Velasco's statements are anything to go by, then President Ferdinand 'Bongbong' Marcos Jr.'s State of the Nation Address (SONA) this year will carry a 'native' theme. READ:
Read more »