FTC Approves Proposed Divestitures by Service Corp. International

Commission approval of proposed divestitures: Following a public comment period, the Commission has approved a petition for divestiture of two funeral homes pursuant to the modifying order issued in In re Service Corporation International (SCI), Docket No. 3869. The modifying order allowed SCI to foreclose on certain funeral home assets but required these assets be […]

FTC, Antitrust Division Send Report to President on Factors Explaining National Average Gasoline Price Increases During Spring and Summer of 2006

Market factors explain increases in the national average retail price for gasoline during the spring and summer of 2006, according to a report sent to the President today by the Federal Trade Commission and the U.S. Department of Justice’s Antitrust Division. In April 2006, while the FTC was completing its intensive investigation of petroleum industry […]

Advance-Fee Credit Card Purveyors Banned from Telemarketing

Miami-based telemarketers, who were charged with deceiving Spanish-speaking consumers through their marketing of pre-approved, advance fee MasterCards, free ATM and phone cards, and a free-trial membership in a discount health plan, have been banned from telemarketing. In addition, the defendants are banned from selling similar goods and services in the future by any means. The […]

Commission Approves Final Consent Order in Matter of Motor Oil Importers of Puerto Rico

For Your Information August 28, 2007 Commission approval of final consent order: The Commission has approved a final consent order in the matter of Motor Oil Importers of Puerto Rico, and authorized the staff to forward a letter to the commenter of record. The FTC vote approving the final consent order was 5-0. (FTC File […]

FTC Stops Spammers Selling Bogus Hoodia Weight-Loss Products and Human Growth Hormone Anti-Aging Products

Spammers must stop sending unwanted and illegal e-mail messages about hoodia weight-loss products and human growth hormone anti-aging products the Federal Trade Commission alleges don’t work. At the FTC’s request, a district court judge ordered a halt to the e-mails and to product claims that the FTC charges are false and unsubstantiated. According to the […]

Operators of Phoenix Boiler Room Banned from Telemarketing

The Results Group, L.L.C., and its co-owners are banned from telemarketing, and will give up thousands of dollars in cash, the proceeds from the sale of luxury sports cars, and the value of life insurance policies and a Las Vegas real estate deal, to settle Federal Trade Commission charges that they deceptively sold home-based Internet […]

FTC Approves Proposed Divestiture by Service Corp. International, et al.

Commission approval of proposed divestiture: Following a public comment period, the Commission has approved a petition for proposed divestiture from Service Corporation International (SCI) and Alderwoods Group, Inc., related to SCI’s recent acquisition of Alderwoods. In the FTC’s consent agreement and order allowing the transaction to proceed with conditions, SCI and Alderwoods were required to […]

Weight-Loss Patch Manufacturer Banned From Selling Weight-Loss Patches, Will Pay $180,000

FTC: Products Worn or Rubbed on the Skin Do Not Cause Weight Loss A company and its owner are banned from selling weight-loss patches in the future and will pay $180,000 to settle Federal Trade Commission charges that advertising claims for their weight-loss patches were false and unsubstantiated. According to the FTC, Transdermal Products International […]

Commission Authorizes Filing of Final Monetary Judgment in Matter of Verity International; FTC Approves Federal Register Notice Seeking Comment on Petition for Generic Fiber Subclass in Textile Rule

Commission authorization of final monetary judgment order: The Commission has authorized the filing of a stipulated final monetary judgment for over $1.6 million in the matter of FTC v. Verity International, Ltd. (FTC File No X010001, Civ. No. 00 Civ. 7422-LAK (S.D.N.Y. 2000)), resolving all issues remaining on remand from the Second Circuit. On appeal, […]

Tips on Helping Victims of the Earthquake in Peru

As many people generously open their hearts and wallets to help those affected by the earthquake in Peru, the Federal Trade Commission advises that the best way to help immediately is to donate money directly to established international relief organizations. In a consumer alert, “Helping Earthquake Victims: Your Guide to Giving Wisely,” the FTC offers […]