For Your Information February 22, 2008 Commission approval of Federal Register notice: The Commission has approved the publication of a Federal Register notice seeking comments as part of the regulatory review of the FTC’s Trade Regulation Relating to Power Output Claims for Amplifiers Utilized in Home Entertainment Products, commonly known as the Amplifier Rule. As […]
Monthly Archives: February 2008
Commission Extends Public Comment Period in Matter of Negotiated Data Solutions, LLC; FTC Approves Federal Register Notice Seeking Comments on Platinum Section of Jewelry Guides
Commission extension of public comment period: By a vote of 5-0, the Commission has approved the extension of the public comment period related to the recent consent order in the matter of Negotiated Data Solutions, LLC. As a result of this vote, the comment period, which was originally set to end on February 22, 2008, […]
FTC Submits Testimony to Alaska House of Representatives Regarding Bill That Would Amend States Certificate of Need Laws
At the request of Governor Sarah Palin and the Alaska Department of Health and Social Services, the Federal Trade Commission has submitted written testimony to the Standing Committee on Health, Education, and Social Services of the state’s House of Representatives concerning health care competition, Alaska’s certificate of need (CON) laws, and House Bill 337 (H.B. […]
Court Finds Payment Processor in Contempt, Issues Warrant for His Arrest
At the request of the Federal Trade Commission, Judge James S. Moody, Jr. of the U.S. District Court for the Middle District of Florida, Tampa Division, has issued an order dated January 30, 2008, finding defendant Ira N. Rubin in contempt for multiple violations of a temporary restraining order (TRO) and preliminary injunction order (PI), […]
FTC Staff Submits Comments on Establishing Collective Bargaining for Independent Home Care Providers in Ohio
Commission approval of staff comments: At his request, staff of the FTC’s Office of Policy Planning, Bureau of Competition, and Bureau of Economics have submitted comments to Ohio State Senator William J. Seitz regarding Ohio Executive Order 2007 – 23S, issued by Governor Ted Strickland in July 2007 and entitled “Establishing Collective Bargaining for Home […]
FTC Staff Issues Advisory Opinion to Kaiser Foundation Health Plan, Inc., Concerning Non-Profit Institutions Act
Staff advisory opinion concerning Non-Profit Institutions Act: The staff of the Bureau of Competition has advised Kaiser Foundation Health Plan, Inc. that, in the staff’s opinion, Kaiser’s purchase and use of discounted pharmaceuticals in connection with a proposed program to provide health care services to persons covered under health benefits plans offered by self-insured employers […]
Debt Reduction Companies Settle with FTC
Two debt reduction companies and their principals have agreed to settle Federal Trade Commission charges alleging that they violated federal law by falsely claiming that they could reduce consumers’ credit card interest rates or the amount of their credit card debt. Terms of the settlements, in which the defendants have not admitted liability, are defined […]
FTC Sues Cephalon, Inc. for Unlawfully Blocking Sale of Lower-Cost Generic Versions of Branded Drug Until 2012
The Federal Trade Commission today filed a complaint in federal district court against Cephalon, Inc., a pharmaceutical company based in Frazer, Pennsylvania, for a course of anticompetitive conduct that is preventing competition to its branded drug Provigil. The conduct includes paying four firms to refrain from selling generic versions of Provigil until 2012. Cephalon’s anticompetitive […]
FTC Releases List of Top Consumer Fraud Complaints in 2007
The FTC today released the list of top consumer fraud complaints received by the agency in 2007. The list, contained in the publication “Consumer Fraud and Identity Theft Complaint Data January-December 2007,” showed that for the eighth year in a row, identity theft is the number one consumer complaint category. Of 813,899 total complaints received […]
FTC Testifies on Efforts to Stop Mortgage Foreclosure Rescue Fraud
The Federal Trade Commission today told the U.S. Senate Special Committee on Aging that the Commission, partnering with other federal agencies and state and local governments, is working to prevent mortgage foreclosure “rescue” fraud through law enforcement and consumer outreach. Noting an estimated 75 percent increase in foreclosure filings from 2006 to 2007, Peggy Twohig, […]