Tag: FTC
MGM Suit Against FTC Over Cyber Attacks
The cyber attacks in Vegas last year are back in the news, as an MGM suit against the Federal Trade Commission has been filed over its investigation into the matter. Those attacks crippled Caesars and MGM properties, and the suit filed in Washington federal court targets both the FTC and Lina Khan, the FTC chair. The MGM suit is pursuing “injunctive and declaratory relief” against the FTC. They allege that that the actions taken by the FTC and Khan have infringed upon their rights as guaranteed by the due process clause of the Fifth Amendment. This clause mandates that entities…
Federal Trade Commission Could Investigate Fantasy Sites
United States Sen. Robert Menendez and Congressman Frank Pallone have asked the Federal Trade Commission to investigate daily fantasy sports operators who allowed employees with access to nonpublic information to compete on rival sites. “Allowing employees of fantasy sports websites with access to nonpublic information to participate in online fantasy games, even if the games are operated by other fantasy sports companies, could give those employees an advantage akin to insider trading,” Menendez and Pallone stated in an Oct. 6 letter to the FTC. “Therefore, we also ask the FTC to investigate whether this constitutes an ‘unfair or deceptive practice’…