The regulator says the deal would give the combined company too much power, hurt competition and raise prices for consumers. It comes as a global shortage of chips wreaks havoc on the economy.
The social network says the Federal Trade Commission's complaint is "without legal or factual support." The agency alleges Facebook buys promising rivals to stifle competition.
The regulator is taking another swing at Facebook after a judge tossed out its initial effort in June. It accused the social media giant of illegally maintaining a monopoly.
The new Federal Trade Commission chair's first big challenge will be rewriting a lawsuit against Facebook that a federal court tossed out earlier this week.
The decision is a blow to the Federal Trade Commission and 48 state attorneys general, who were pushing for the federal court to break up the social media giant.
An NPR investigation has identified a web of more than 30 medical practices and compounding pharmacies across more than a dozen states promoting injections of an unproven treatment for COVID-19.
A loved one's health could depend on the truth if you get a call from a real contact tracer about your exposure to the coronavirus. But beware impostors who ask you for payment or to click on a link.
Federal law generally prohibits dietary supplements from claiming to treat specific diseases or viruses. Yet NPR found more than 100 products sold on Amazon that make unsubstantiated antiviral claims.
The German automakers have finished compensating U.S. owners as part of a settlement with the Federal Trade Commission. Most drivers chose to replace their vehicles, not repair them, the FTC says.
The school has 15 business days to inform eligible students, "You no longer owe any money to University of Phoenix. You don't have to do anything to get this relief."
The consumer watchdog agency is trying to protect users from deceptive ads on social media. The influencer market on Instagram is expected to reach more than $2.5 billion in 2020.
Google and its YouTube subsidiary are settling allegations that YouTube collected personal information from children without their parents' consent, the Federal Trade Commission said.
Regulators missed a chance to find out if deceptive practices at Facebook came from the top when they decided to enter into a settlement with Zuckerberg instead of questioning him, an FTC member says.
Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.
Facebook reported strong profits on Wednesday but also revealed it is setting aside $3 billion to pay a penalty to regulators for violating users' privacy.
The federal government issued warnings to companies that sell vaping liquids, saying they are in violation of federal regulations due to packages that appear to market to children or teens.
The day that Equifax said millions of Americans' personal information had been exposed, lawmakers were considering legislation the industry favored. Now, some are calling for tougher regulation.
The global money service company admitted it had acted criminally by "willfully failing to maintain an effective anti-money laundering program" and assisting people committing wire fraud.
The FTC has ordered the company to revamp the way it compensates distributors, but because the punishment wasn't even tougher, Herbalife's share price rises.
It's difficult for regulators to stop companies that flout the Do Not Call Registry. Robocalls can come from overseas, making them hard to regulate, and they often spoof caller IDs.
