Bloomberg legal reporter discusses Trump's appeal against a $500M fraud judgment. Georgetown Law director talks about fallout from Alaska judge scandal. Bloomberg antitrust reporter covers FTC's examination of 'surveillance pricing'. Hosted by June Grasso.
Trump is appealing a $500 million civil fraud judgment, focusing on absence of victims and disputing legal grounds.
FTC is examining surveillance pricing, investigating dynamic pricing based on consumer data and its implications.
Deep dives
Overview of the Lenovo Pro Membership Program for Small Businesses
Lenovo Pro offers a free online membership program aimed at assisting small businesses lacking tech expertise. By partnering with Lenovo, businesses can leverage their tech knowledge and resources to make informed decisions. This collaboration can provide long-term assistance in navigating tech trends, saving costs, and seizing tech opportunities.
Legal Battle Surrounding Donald Trump's Civil Fraud Judgment Appeal
Donald Trump is appealing the $500 million civil fraud judgment against him, challenging the verdict and penalty. His arguments center on the absence of victims, disputing the legal grounds of the case. Trump's legal team contests the judge's decisions and the calculation of damages, claiming disproportionate penalties that violate constitutional guarantees against excessive punishments.
Investigating Surveillance Pricing Based on Consumer Data
The Federal Trade Commission is delving into surveillance pricing practices by companies like MasterCard and JPMorgan, which use consumer data to set varied prices for different customers. This pricing method entails dynamic pricing based on individual characteristics such as credit information, location, and browsing history. The FTC is scrutinizing the utilization of consumers' online footprints and personal information to determine prices.
Implications of FTC's Market Study on Surveillance Pricing
Through its 6B authority, the FTC is conducting a comprehensive study on surveillance pricing, probing into how companies determine price variations using consumer data. These studies typically require about six months for data collection and analysis, often leading to lengthy investigations and reports that can influence legislative considerations and enforcement actions.
Bloomberg legal reporter Erik Larson discusses Donald Trump appealing the nearly $500 million civil fraud judgment against him. Abbe Smith, director of Georgetown Law’s Criminal Defense and Prisoner Advocacy Clinic, discusses the fallout from the Alaska judge scandal. Bloomberg antitrust reporter Leah Nylen, discusses the FTC examining “surveillance pricing.” June Grasso hosts.