Federal Trade Commission Chairman Deborah Platt Majoras will provide opening remarks to begin the FTC’s two-day public workshop to explore changes in the debt collection industry and examine their impact on consumers and businesses. Consumer advocates, industry representatives, state and federal regulators, and others with relevant expertise will provide information on a range of issues, […]
Monthly Archives: October 2007
Remarks by FTC Chairman to Open Debt Collection Workshop October 10-11
Federal Trade Commission Chairman Deborah Platt Majoras will provide opening remarks to begin the FTC’s two-day public workshop to explore changes in the debt collection industry and examine their impact on consumers and businesses. Consumer advocates, industry representatives, state and federal regulators, and others with relevant expertise will provide information on a range of issues, […]
FTC Challenges Kyphons Acquisition of Disc-O-Tech
The Federal Trade Commission today announced a complaint challenging Kyphon, Inc.’s (Kyphon) proposed acquisition of the spinal assets of Disc-O-Tech Medical Technologies, Ltd. and Discotech Orthopedic Technologies, Inc. (collectively Disc-O-Tech) as anticompetitive in the U.S. market for minimally invasive vertebral compression fracture (MIVCF) treatment products. Under the terms of a consent order allowing the transaction […]
FTC Challenges Kyphons Acquisition of Disc-O-Tech
The Federal Trade Commission today announced a complaint challenging Kyphon, Inc.’s (Kyphon) proposed acquisition of the spinal assets of Disc-O-Tech Medical Technologies, Ltd. and Discotech Orthopedic Technologies, Inc. (collectively Disc-O-Tech) as anticompetitive in the U.S. market for minimally invasive vertebral compression fracture (MIVCF) treatment products. Under the terms of a consent order allowing the transaction […]
FTC Advisory Opinion: Debt Collectors May Inform Consumers That Collection Efforts Have Ceased
The Federal Trade Commission has issued an advisory opinion clarifying when the Fair Debt Collection Practices Act allows a debt collector to notify a consumer that it has ceased trying to collect a debt. The FDCPA provides that if a debt collector contacts a consumer to collect a debt, and the consumer disputes the debt […]
Federal Enforcers Target List Brokers
The Federal Trade Commission has joined forces with the U.S. Postal Inspection Service and the U.S. Attorney for the Southern District of Illinois to halt an illegal operation that sold lists of consumers to Canadian telemarketers who planned to use them unlawfully. The lists included consumers’ credit card and bank account information, exposing thousands of […]
Federal Enforcers Target List Brokers
The Federal Trade Commission has joined forces with the U.S. Postal Inspection Service and the U.S. Attorney for the Southern District of Illinois to halt an illegal operation that sold lists of consumers to Canadian telemarketers who planned to use them unlawfully. The lists included consumers’ credit card and bank account information, exposing thousands of […]
FTC Charges Seven Online Sellers of Alternative Hormone Replacement Therapy with Failing to Substantiate Products Health Claims
The Federal Trade Commission today announced complaints against seven online sellers of alternative hormone replacement therapy (HRT) products, alleging that they made health claims for their natural progesterone creams without supporting scientific evidence. Six of the sellers have signed consent orders barring them from making such unsubstantiated claims in the future. The seventh did not […]
FTC Charges Seven Online Sellers of Alternative Hormone Replacement Therapy with Failing to Substantiate Products Health Claims
The Federal Trade Commission today announced complaints against seven online sellers of alternative hormone replacement therapy (HRT) products, alleging that they made health claims for their natural progesterone creams without supporting scientific evidence. Six of the sellers have signed consent orders barring them from making such unsubstantiated claims in the future. The seventh did not […]
FTC Charges Marketers of Weight-Loss Cure Book with Misrepresenting Books Contents
The Federal Trade Commission has charged the marketers of Kevin Trudeau’s book, “The Weight Loss Cure ‘They’ Don’t Want You to Know About,” with misrepresenting the book’s contents in their infomercial. The ad claims that the weight-loss plan outlined in the book is easy to do, can be done at home, and ultimately allows readers […]