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What will be the impact of the antitrust fine on GameStop's financial performance by Q1 2025?
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GameStop's quarterly financial reports, major financial news outlets
Story
GameStop CEO Ryan Cohen to Pay Nearly $1 Million Fine for Wells Fargo Antitrust Violation, FTC Says
Sep 18, 2024, 04:05 PM
GameStop CEO Ryan Cohen, who is also the managing partner of RC Ventures, has agreed to pay nearly $1 million to settle antitrust law violation charges brought by the U.S. Federal Trade Commission (FTC). The fine stems from Cohen's failure to file a Hart-Scott-Rodino (HSR) form after acquiring over 562,000 shares of Wells Fargo in 2018. The FTC's action addresses Cohen's violation of antitrust laws related to this acquisition.
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