-4.2 C
Ottawa
Wednesday, December 10, 2025

7-Eleven Agrees to $4.5 Million Settlement in FTC Antitrust Case

Date:

A 7-Eleven store in midtown Manhattan in New York on March 19, 2024. Ted Shaffrey/The Associated PressConvenience store chain 7-Eleven and its parent company have agreed to pay $4.5 million to settle a lawsuit brought by the Federal Trade Commission (FTC) alleging the company violated a 2018 consent order, the FTC said in a Dec. 8 statement.“The $4.5 million penalty marks the largest civil penalty ever collected in an FTC case involving a prior-notice violation. It is also the largest negotiated settlement of any order violation in the FTC Bureau of Competition’s history,” the agency said.

About the author: Naveen Athrappully
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Says Hell Call Leaders of Thailand, Cambodia to Try to Halt Renewed Border Clashes

Soldiers stop for a rest during clashes along the...

FBI Arrests Alleged MS-13 Assassin, Kill Squad Leader in Nebraska: Patel

People pass by the Federal Bureau of Investigation building...

State Department Issues Travel Advisory for Popular Tourist Destination

Tourists on the Flic en Flac beach located on...

Trump Says US Has Seized Oil Tanker Off Coast of Venezuela

President Donald Trump makes an announcement from the Oval...