Airborne Health, Inc., the Bonita Springs, Florida maker of the popular Airborne Effervescent Health Formula, an effervescent tablet marketed as a cold prevention and treatment remedy, has agreed to pay up to $30 million to settle Federal Trade Commission charges that it did not have adequate evidence to support its advertising claims. The FTC’s lawsuit […]
Monthly Archives: August 2008
FTC Challenges Sun Pharmaceuticals Purchase of Taro Pharmaceutical Industries
The Federal Trade Commission today announced its challenge of Sun Pharmaceutical Industries Ltd.’s (Sun) acquisition of Taro Pharmaceutical Industries Ltd. (Taro), alleging that the transaction as proposed would be anticompetitive and would cause U.S. consumers to pay higher prices for three distinct generic formulations of the anticonvulsant drug carbamazepine. Both companies either manufacture the relevant […]
FTC Seeks Comments on Proposed Rule Prohibiting Petroleum Market Manipulation
The Federal Trade Commission today issued a Notice of Proposed Rulemaking (NPRM) seeking public comments on a proposed rule prohibiting market manipulation in the petroleum industry. The NPRM will assist the Commission in determining whether, and in what ways, it should develop a final rule. The Commission expects to conclude the rulemaking process by the […]
FTC Seeks Comments on Proposed Rule Prohibiting Petroleum Market Manipulation
The Federal Trade Commission today issued a Notice of Proposed Rulemaking (NPRM) seeking public comments on a proposed rule prohibiting market manipulation in the petroleum industry. The NPRM will assist the Commission in determining whether, and in what ways, it should develop a final rule. The Commission expects to conclude the rulemaking process by the […]
Oregano Supplement Marketers Agree to Pay $2.5 Million to Settle FTC Charges for False Advertising Claims
The marketers of a line of dietary supplements have agreed to pay $2.5 million to settle Federal Trade Commission charges that claims about their oregano oil and capsules were false and unsubstantiated in violation of federal law. According to the FTC’s complaint, North American Herb & Spice Co., LLC, and its owner, Judy Kay Gray, […]
FTC to Announce Deceptive Marketing Case Against Nationally Known Maker of Natural Health Remedy
WHERE: Federal Trade Commission 600 Pennsylvania Ave., N.W., Room 432Washington, D.C. Reporters unable to attend the event can either call in or view the Webcast. (NOTE: A live webcast will be available on the day of the event. Bookmark and visit this link on August 14 to access the webcast.) Call-in Information: The toll-free phone […]
FTC to Announce Deceptive Marketing Case Against Nationally Known Maker of Natural Health Remedy
WHERE: Federal Trade Commission 600 Pennsylvania Ave., N.W., Room 432Washington, D.C. Reporters unable to attend the event can either call in or view the Webcast. (NOTE: A live webcast will be available on the day of the event. Bookmark and visit this link on August 14 to access the webcast.) Call-in Information: The toll-free phone […]
FTC Approves Modified Final Consent Order in Matter of TALX Corporation
For Your Information August 8, 2008 Commission approval of modified final consent order – Following a public comment period in the matter of TALX Corporation, the Commission has approved the issuance of a modified final consent order and letters replying to those who submitted public comments. The order modifications include the addition of the name […]
FTC Approves Modified Final Consent Order in Matter of TALX Corporation
For Your Information August 8, 2008 Commission approval of modified final consent order – Following a public comment period in the matter of TALX Corporation, the Commission has approved the issuance of a modified final consent order and letters replying to those who submitted public comments. The order modifications include the addition of the name […]
Competition Director Jeffrey Schmidt to Leave FTC
Federal Trade Commission Chairman William E. Kovacic announced today that Jeffrey Schmidt, Director of the Bureau of Competition for the past two-and-a-half years, will leave the FTC, and that David P. Wales, currently a Deputy Director, has been named Acting Director. “Jeff has done superb work for this agency and our nation. He has set […]