Axon (AXON) Announces Federal Trade Commission Dismisses Antitrust Complaint
The Federal Trade Commission (FTC) has dismissed its administrative enforcement action against Axon Enterprise Inc., (NASDAQ: AXON), the global public safety technology leader, regarding Axon's 2018 acquisition of failing body camera competitor Vievu. This action follows Axon's unanimous U.S. Supreme Court victory in April confirming federal court jurisdiction over its constitutional challenges to the FTC's structure—claims the high Court recognized as "existential."
"The FTC's unilateral dismissal, intended to moot Axon's advancing constitutional claims in the District of
"As I said from the beginning, no one should ever face the prospect of a government that can demand to seize your most precious assets without the ability to defend yourself in a fair and impartial court of law," said Axon Founder and CEO
"Competition in the body camera space has always been vigorous and is more so today than ever," said
For more information and the history regarding these proceedings, please visit, axon.com/ftc.
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