– The Commission has approved an extension of time under the order it issued concerning Linde AG, et al.’s acquisition of The BOC Group. The FTC’s order in this matter, issued on August 29, 2006, remedied the proposed acquisition’s likely anticompetitive effects in the bulk refined helium market by requiring Linde to divest bulk refined […]
Monthly Archives: September 2008
Commission Approves Extension of Divestiture Period in Matter of Linde AG, et al.
– The Commission has approved an extension of time under the order it issued concerning Linde AG, et al.’s acquisition of The BOC Group. The FTC’s order in this matter, issued on August 29, 2006, remedied the proposed acquisition’s likely anticompetitive effects in the bulk refined helium market by requiring Linde to divest bulk refined […]
FTC Testifies on the Call Center Consumers Right to Know Act
The Federal Trade Commission provided testimony today before the U.S. House of Representatives’ Committee on Energy and Commerce, Subcommittee on Commerce, Trade, and Consumer Protection regarding H.R. 1776, legislation entitled the “Call Center Consumer’s Right to Know Act.” Lois Greisman, Associate Director of the Division of Marketing Practices, Bureau of Consumer Protection, testified on behalf […]
FTC Testifies on the Call Center Consumers Right to Know Act
The Federal Trade Commission provided testimony today before the U.S. House of Representatives’ Committee on Energy and Commerce, Subcommittee on Commerce, Trade, and Consumer Protection regarding H.R. 1776, legislation entitled the “Call Center Consumer’s Right to Know Act.” Lois Greisman, Associate Director of the Division of Marketing Practices, Bureau of Consumer Protection, testified on behalf […]
FTC’s AmeriDebt Lawsuit Resolved: Almost $13 Million Returned to 287,000 Consumers Harmed by Debt Management Scam
The Federal Trade Commission announced today that the agency returned approximately $12.7 million to consumers this week from a settlement with Andris Pukke and his companies, AmeriDebt, Inc. and DebtWorks, Inc. This consumer redress concludes the largest credit counseling/debt management deception case brought by the FTC. In addition, more than $7 million will be returned […]
FTC’s AmeriDebt Lawsuit Resolved: Almost $13 Million Returned to 287,000 Consumers Harmed by Debt Management Scam
The Federal Trade Commission announced today that the agency returned approximately $12.7 million to consumers this week from a settlement with Andris Pukke and his companies, AmeriDebt, Inc. and DebtWorks, Inc. This consumer redress concludes the largest credit counseling/debt management deception case brought by the FTC. In addition, more than $7 million will be returned […]
FTC Issues Administrative Challenge to Polypore International, Inc.’s Consummated Acquisition of Microporous Products L.P. and Other Anticompetitive Conduct
Conduct Allegedly Harms Competition in North American Markets for Battery Separators The Federal Trade Commission has unanimously approved an administrative complaint challenging Polypore International Inc.’s (Polypore) consummated acquisition of rival battery separator manufacturer Microporous Products L.P. (Microporous), and other conduct by Polypore, as anticompetitive and in violation of the federal antitrust laws. Polypore competed with […]
FTC Extends Public Comment Period in Petroleum Industry Market Manipulation NPRM Proceeding To October 17, 2008; Announces Details for Public Workshop
– The Commission today announced an extension of the public comment period for the recently issued Notice of Proposed Rulemaking (NPRM) on petroleum industry market manipulation. The Commission posted the NPRM on the FTC’s Web site on August 13, 2008. The NPRM announced that public comments on the proposed rule were due no later than […]
FTC Extends Public Comment Period in Petroleum Industry Market Manipulation NPRM Proceeding To October 17, 2008; Announces Details for Public Workshop
– The Commission today announced an extension of the public comment period for the recently issued Notice of Proposed Rulemaking (NPRM) on petroleum industry market manipulation. The Commission posted the NPRM on the FTC’s Web site on August 13, 2008. The NPRM announced that public comments on the proposed rule were due no later than […]
FTC Testifies on Prepaid Phone Card Fraud
The Federal Trade Commission today told the U.S. Senate Committee on Commerce, Science, and Transportation that while the FTC will continue its aggressive law enforcement and consumer education programs in the prepaid calling card arena, pending legislation would benefit consumers by providing “an additional remedy to those already available to the Commission.” FTC Chairman William […]