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Mark Reback

News Story
7/21/2017
Posted by Mark Reback

The FTC began looking into potential discrepancies in Amazon's pricing list after a recent Consumer Watchdog report, a source told Reuters. The inquiry found that 61 percent of Amazon's products with reference prices were higher for the same product than what...
News Story
7/21/2017
Posted by Mark Reback

Amazon's purchase of Whole Foods requires a wink of blessing from the Federal Trade Commission, but that might not be a done deal. Reuters is reporting that the FTC is taking a particular interest in how Jeff Bezos' online retailer prices, and discounts,...
News Story
7/20/2017
Posted by Mark Reback

The Federal Trade Commission (FTC) is investigating allegations that Amazon misleads customers about its prices and discounts, Reuters reported. The probe comes as part of a review of the company’s proposed merger with Whole Foods The FTC’s...
News Story
7/20/2017
Posted by Mark Reback

Amazon is being scrutinized by the U.S. Federal Trade Commission over whether its discounts on goods are misleading, after a watchdog group complained, says Reuters, citing an unnamed source. Shares of Amazon (AMZN) are down by $3.18 at $1,025.52, in late trading...
News Story
7/20/2017
Posted by Mark Reback

As Amazon prepares to lock down its mega-merger with Whole Foods, one of its most controversial sales practices may be coming back to haunt it.   The Federal Trade Commission is investigating claims that the online shopping giant misleads customers with the price...
News Story
7/20/2017
Posted by Mark Reback

WASHINGTON (Reuters) - As part of its review of Amazon's (AMZN.O) agreement to buy Whole Foods (WFM.O), the Federal Trade Commission is looking into allegations that Amazon misleads customers about its pricing discounts, according to a source close to the probe....
News Story
7/20/2017
Posted by Mark Reback

SAN FRANCISCO — The Federal Trade Commission is looking into allegations that Amazon's discount-pricing policies misled consumers, according to a report today. The probe comes on the heels of a complaint by advocacy group Consumer Watchdog, which...
News Story
7/19/2017
Posted by Mark Reback

Google wants to make its search experience on smartphones more personalized — by showing information based on users’ interests and what’s trending in their area. The information will appear beneath the search bar on the Google app on Apple and Android...
News Story
7/19/2017
Posted by Mark Reback

‘It is negligent and dangerous to dump one million autonomous cars on the public with no stringent test requirements’ It was an unusual sight: Democrats and Republicans gently ribbing each other, giggling, and vowing to work closely together on legislation...
News Story
7/19/2017
Posted by Mark Reback

A House subcommittee approved critical legislation for the fast-developing driverless car movement this week that sets specific rules for how many such vehicles can be on U.S. roads and the federal government’s role in regulating them. While it would give...