Federal Trade Commission Current Affairs, GK & News

What is ‘Right to repair’ movement?

United State President Joe Biden has signed an executive order for Federal Trade Commission to curb restrictions imposed by manufacturers limiting consumers’ ability to repair their gadgets on their own terms. Before US, United Kingdom had also introduced right-to-repair rules making it easier to buy & repair daily-use gadgets like TVs and washing machines. What ..

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Sherman Anti-trust Act

Recently, the UC FTC (Federal Trade Commission) filed an anti-trust lawsuit against Facebook under Sherman Anti-trust Act. The social media giant is under the scanner for its acquisition of Instagram and Whatsapp. Why was the lawsuit filed against Facebook? According to the lawsuit, the actions of Facebook deny consumers the benefit of competition. The aim ..

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