FTC Wants Zuckerberg to Seek Approval for Any Future Mergers

Bloomberg2022-09-05

Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission ...

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Bspn
2022-09-05
Bspn
Ok
Billionaire Pinky Pig Monkey
2022-09-05
Billionaire Pinky Pig Monkey
Ok
- Billionaire Pinky Pig Monkey:
  Ok
melson
2022-09-05
melson
you shall not pass
- melson:
  student pass, bus pass or passport?
- Tamashii:
  pass please
ALi_BaBa
2022-09-05
ALi_BaBa
Like
Joyus
2022-09-05
Joyus
👍
KY56
2022-09-05
KY56
Nice.👍
- ALi_BaBa:
  Like

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The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. 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The trial has been set for Jan. 19.</p><p>The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.</p><p>The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.</p><p>At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.</p><p>Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.</p><p>“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”</p><p>A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.</p><p>Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.</p><p>“We believe the merger should be allowed and should go forward,” Hansen said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTC Wants Zuckerberg to Seek Approval for Any Future Mergers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTC Wants Zuckerberg to Seek Approval for Any Future Mergers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165735347","content_text":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.“We believe the merger should be allowed and should go forward,” Hansen said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9933784556,"gmtCreate":1662345190475,"gmtModify":1676537041663,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3568071651427696","authorIdStr":"3568071651427696"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933784556","repostId":1165735347,"repostType":4,"repost":{"id":"1165735347","kind":"news","pubTimestamp":1662339884,"share":"https://ttm.financial/m/news/1165735347?lang=&edition=fundamental","pubTime":"2022-09-05 09:04","market":"us","language":"en","title":"FTC Wants Zuckerberg to Seek Approval for Any Future Mergers","url":"https://stock-news.laohu8.com/highlight/detail?id=1165735347","media":"Bloomberg","summary":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg fro","content":"<html><head></head><body><ul><li>Agency continues to pursue personal case against Meta CEO</li><li>The agency agreed to dismiss Zuckerberg from a federal case</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2989a5d1757056d2ea25356ad522684e\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Mark Zuckerberg Photographer: George Frey/Bloomberg</span></p><p>The US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.</p><p>The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.</p><p>The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.</p><p>The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.</p><p>At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.</p><p>Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.</p><p>“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”</p><p>A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.</p><p>Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.</p><p>“We believe the merger should be allowed and should go forward,” Hansen said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTC Wants Zuckerberg to Seek Approval for Any Future Mergers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTC Wants Zuckerberg to Seek Approval for Any Future Mergers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165735347","content_text":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.“We believe the merger should be allowed and should go forward,” Hansen said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103773020,"gmtCreate":1662345197561,"gmtModify":1663258217247,"authorId":3568071651427696,"author":{"id":3568071651427696,"idStr":"3568071651427696","authorId":3568071651427696,"name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9933784556,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Ok</span>","text":"<span class=\"s1\">Ok</span>","html":"<span class=\"s1\">Ok</span>"}],"langContent":"EN"},{"id":9933732125,"gmtCreate":1662343296967,"gmtModify":1676537040774,"author":{"id":"4123471905369072","authorId":"4123471905369072","name":"melson","avatar":"https://community-static.tradeup.com/news/fe7079b4776e26217c92d8df6830df10","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":5,"crmLevelSwitch":1,"idStr":"4123471905369072","authorIdStr":"4123471905369072"},"htmlText":"you shall not pass","listText":"you shall not pass","text":"you shall not pass","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9933732125","repostId":1165735347,"repostType":4,"repost":{"id":"1165735347","kind":"news","pubTimestamp":1662339884,"share":"https://ttm.financial/m/news/1165735347?lang=&edition=fundamental","pubTime":"2022-09-05 09:04","market":"us","language":"en","title":"FTC Wants Zuckerberg to Seek Approval for Any Future Mergers","url":"https://stock-news.laohu8.com/highlight/detail?id=1165735347","media":"Bloomberg","summary":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg fro","content":"<html><head></head><body><ul><li>Agency continues to pursue personal case against Meta CEO</li><li>The agency agreed to dismiss Zuckerberg from a federal case</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2989a5d1757056d2ea25356ad522684e\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Mark Zuckerberg Photographer: George Frey/Bloomberg</span></p><p>The US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.</p><p>The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.</p><p>The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.</p><p>The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.</p><p>At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.</p><p>Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.</p><p>“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”</p><p>A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.</p><p>Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.</p><p>“We believe the merger should be allowed and should go forward,” Hansen said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTC Wants Zuckerberg to Seek Approval for Any Future Mergers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTC Wants Zuckerberg to Seek Approval for Any Future Mergers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165735347","content_text":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.“We believe the merger should be allowed and should go forward,” Hansen said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103783487,"gmtCreate":1662417204362,"gmtModify":1663258267846,"authorId":4123471905369072,"author":{"id":4123471905369072,"idStr":"4123471905369072","authorId":4123471905369072,"name":"melson","avatar":"https://community-static.tradeup.com/news/fe7079b4776e26217c92d8df6830df10","vip":1,"currentWearingBadge":{"badgeId":"1f541396f99840fb977d0ab0ce343c94-1","templateUuid":"1f541396f99840fb977d0ab0ce343c94","name":"Weekly Top Contributor","description":"Contributors with best Editor's Picks every week","bigImgUrl":"https://static.tigerbbs.com/271475ceaf67d40016c8cfa16c08c8b3","smallImgUrl":"https://static.tigerbbs.com/5a6336061b9ba82ba9177c7ec476f5f2","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/TW/9000980585","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":5,"allocatedDate":"2022.12.12","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2004},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9933732125,"type":1,"supId":103782079,"prevId":0,"content":"student pass, bus pass or passport?","text":"student pass, bus pass or passport?","html":"student pass, bus pass or passport?"},{"id":103782079,"gmtCreate":1662393159849,"gmtModify":1663258259750,"authorId":4087109479010510,"author":{"id":4087109479010510,"idStr":"4087109479010510","authorId":4087109479010510,"name":"Tamashii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9933732125,"type":1,"supId":0,"prevId":0,"content":"pass <u>please</u>","text":"pass <u>please</u>","html":"pass <u>please</u>"}],"langContent":"EN"},{"id":9933791245,"gmtCreate":1662342109187,"gmtModify":1676537040332,"author":{"id":"3564105303063302","authorId":"3564105303063302","name":"ALi_BaBa","avatar":"https://static.tigerbbs.com/d89722c800111c9c885624fce940701f","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3564105303063302","authorIdStr":"3564105303063302"},"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933791245","repostId":1165735347,"repostType":4,"repost":{"id":"1165735347","kind":"news","pubTimestamp":1662339884,"share":"https://ttm.financial/m/news/1165735347?lang=&edition=fundamental","pubTime":"2022-09-05 09:04","market":"us","language":"en","title":"FTC Wants Zuckerberg to Seek Approval for Any Future Mergers","url":"https://stock-news.laohu8.com/highlight/detail?id=1165735347","media":"Bloomberg","summary":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg fro","content":"<html><head></head><body><ul><li>Agency continues to pursue personal case against Meta CEO</li><li>The agency agreed to dismiss Zuckerberg from a federal case</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2989a5d1757056d2ea25356ad522684e\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Mark Zuckerberg Photographer: George Frey/Bloomberg</span></p><p>The US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.</p><p>The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.</p><p>The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.</p><p>The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.</p><p>At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.</p><p>Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.</p><p>“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”</p><p>A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.</p><p>Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.</p><p>“We believe the merger should be allowed and should go forward,” Hansen said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTC Wants Zuckerberg to Seek Approval for Any Future Mergers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTC Wants Zuckerberg to Seek Approval for Any Future Mergers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165735347","content_text":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.“We believe the merger should be allowed and should go forward,” Hansen said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9933790497,"gmtCreate":1662341900119,"gmtModify":1676537040246,"author":{"id":"3574397806525082","authorId":"3574397806525082","name":"Joyus","avatar":"https://static.tigerbbs.com/be788755f764f5e5e5cb1d49eec190f0","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3574397806525082","authorIdStr":"3574397806525082"},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933790497","repostId":1165735347,"repostType":4,"repost":{"id":"1165735347","kind":"news","pubTimestamp":1662339884,"share":"https://ttm.financial/m/news/1165735347?lang=&edition=fundamental","pubTime":"2022-09-05 09:04","market":"us","language":"en","title":"FTC Wants Zuckerberg to Seek Approval for Any Future Mergers","url":"https://stock-news.laohu8.com/highlight/detail?id=1165735347","media":"Bloomberg","summary":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg fro","content":"<html><head></head><body><ul><li>Agency continues to pursue personal case against Meta CEO</li><li>The agency agreed to dismiss Zuckerberg from a federal case</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2989a5d1757056d2ea25356ad522684e\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Mark Zuckerberg Photographer: George Frey/Bloomberg</span></p><p>The US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.</p><p>The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.</p><p>The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.</p><p>The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.</p><p>At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.</p><p>Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.</p><p>“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”</p><p>A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.</p><p>Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.</p><p>“We believe the merger should be allowed and should go forward,” Hansen said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTC Wants Zuckerberg to Seek Approval for Any Future Mergers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTC Wants Zuckerberg to Seek Approval for Any Future Mergers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165735347","content_text":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.“We believe the merger should be allowed and should go forward,” Hansen said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9933474115,"gmtCreate":1662341045637,"gmtModify":1676537039826,"author":{"id":"4108818574232180","authorId":"4108818574232180","name":"KY56","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"4108818574232180","authorIdStr":"4108818574232180"},"htmlText":"Nice.👍","listText":"Nice.👍","text":"Nice.👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9933474115","repostId":1165735347,"repostType":2,"repost":{"id":"1165735347","kind":"news","pubTimestamp":1662339884,"share":"https://ttm.financial/m/news/1165735347?lang=&edition=fundamental","pubTime":"2022-09-05 09:04","market":"us","language":"en","title":"FTC Wants Zuckerberg to Seek Approval for Any Future Mergers","url":"https://stock-news.laohu8.com/highlight/detail?id=1165735347","media":"Bloomberg","summary":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg fro","content":"<html><head></head><body><ul><li>Agency continues to pursue personal case against Meta CEO</li><li>The agency agreed to dismiss Zuckerberg from a federal case</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2989a5d1757056d2ea25356ad522684e\" tg-width=\"1000\" tg-height=\"667\" referrerpolicy=\"no-referrer\"/><span>Mark Zuckerberg Photographer: George Frey/Bloomberg</span></p><p>The US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.</p><p>The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.</p><p>The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.</p><p>The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.</p><p>At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.</p><p>Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.</p><p>“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”</p><p>A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.</p><p>Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.</p><p>“We believe the merger should be allowed and should go forward,” Hansen said.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>FTC Wants Zuckerberg to Seek Approval for Any Future Mergers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFTC Wants Zuckerberg to Seek Approval for Any Future Mergers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 09:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-09-02/ftc-wants-zuckerberg-to-seek-approval-for-any-future-mergers?srnd=technology-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165735347","content_text":"Agency continues to pursue personal case against Meta CEOThe agency agreed to dismiss Zuckerberg from a federal caseMark Zuckerberg Photographer: George Frey/BloombergThe US Federal Trade Commission will continue to pursue a case personally against Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg over the acquisition of a virtual reality app, a lawyer for the agency told the FTC’s in-house judge Friday.The agency has asked its in-house court to force both Meta and Zuckerberg to seek approval from the FTC before engaging in any future deals. The trial has been set for Jan. 19.The agency sued Meta and Zuckerberg in July over the company’s proposed acquisition of Within Unlimited, the maker of the popular virtual reality fitness app Supernatural.The case is playing out in two parallel venues: A California federal court has scheduled a six-day hearing in December to decide whether to stay the deal while the FTC pursues its case before the agency’s in-house judge.At a hearing Friday in the in-house court, FTC Attorney Abby Dennis said the agency agreed to dismiss Zuckerberg from the federal case, but not the internal proceeding because it wants a broader legal remedy. The in-house complaint would block the Within deal as well as require Meta and Zuckerberg to provide advance notice and seek approval from the FTC for future mergers or acquisitions.Under US merger law, Meta only needs to notify the FTC and its sister agency, the Justice Department, when a deal is valued at $101 million or more.“The FTC is making meritless claims based on ideology completely divorced from commercial realities,” a Meta spokesperson said. “We will vigorously defend this deal in court and are confident the evidence will show that this deal will be good for people, developers, and the VR space more broadly.”A 2020 House probe into Facebook found the company acquired nearly 100 companies in the previous decade, only one of which was subject to an in-depth FTC review. The FTC’s own study into acquisitions by Facebook and the four other large tech platforms found they bought or invested in more than 800 small companies that didn’t require merger notification or review.Meta’s lawyer, Mark Hansen, said the company intends to ask the FTC to dismiss Zuckerberg from the internal agency proceedings. The company has also declined to offer a settlement to the FTC, he said.“We believe the merger should be allowed and should go forward,” Hansen said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":103771482,"gmtCreate":1662342121774,"gmtModify":1663258211151,"authorId":3564105303063302,"author":{"id":3564105303063302,"idStr":"3564105303063302","authorId":3564105303063302,"name":"ALi_BaBa","avatar":"https://static.tigerbbs.com/d89722c800111c9c885624fce940701f","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.04","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9933474115,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Like</span>","text":"<span class=\"s1\">Like</span>","html":"<span class=\"s1\">Like</span>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":121,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1165735347"}