Tesla one step closer to acquiring SolarCity Corp

It appears that Tesla is on the verge of acquiring SolarCity Corporation after the FTC announced its approval of the $2.6 billion deal late last week.  The FTC’s approval of the deal came earlier than many expected, as the deal obtained early termination from the FTC.  The deal between Tesla and SolarCity was finalized only […]

Maximum civil penalty amounts rise sharply

Late last week, the FTC announced that it had approved final amendments to Commission Rule 1.98.  Rule 1.98 adjusts the maximum civil penalty for violations of the 16 provisions of the law the FTC enforces.  The final amendments were approved in accordance with the requirements of the Federal Civil Penalties Inflation Adjustment Act of 2015.  […]