The Halloween season spells big business for the cosmetic contact lens industry, as consumers shop for just the right lenses to play the part of a mummy or vampire, or to change the color of their eyes for the evening. But as the nation’s consumer protection agency, the Federal Trade Commission wants consumers to know […]
Monthly Archives: October 2008
Halloween Shoppers Beware Even Cosmetic Contact Lenses Require Prescriptions
The Halloween season spells big business for the cosmetic contact lens industry, as consumers shop for just the right lenses to play the part of a mummy or vampire, or to change the color of their eyes for the evening. But as the nation’s consumer protection agency, the Federal Trade Commission wants consumers to know […]
Commission Approves Final Consent Order with Bioque Technologies, Inc.
– Following a public comment period, the Commission has approved a final consent order with Bioque Technologies, Inc. The vote approving the final order was 4-0. (FTC File No. 082-3095; the staff contact is Richard Cleland, Bureau of Consumer Protection, 202-326-3088; see press release dated September 18, 2008, at http://www.ftc.gov/opa/2008/09/boguscures.shtm). Commission Approves Final Consent Order […]
Commission Approves Final Consent Order with Bioque Technologies, Inc.
– Following a public comment period, the Commission has approved a final consent order with Bioque Technologies, Inc. The vote approving the final order was 4-0. (FTC File No. 082-3095; the staff contact is Richard Cleland, Bureau of Consumer Protection, 202-326-3088; see press release dated September 18, 2008, at http://www.ftc.gov/opa/2008/09/boguscures.shtm). Commission Approves Final Consent Order […]
FTC Moves to Block CCSs Proposed Acquisition of Rival Newpark Environmental Services
The Federal Trade Commission today announced a unanimous vote to issue an administrative complaint challenging the proposed $85 million acquisition of Newpark Environmental Services by CCS Corporation, and to authorize staff to file a complaint in federal district court seeking a temporary restraining order and preliminary injunction to preserve the competitive status quo, pending an […]
FTC Moves to Block CCSs Proposed Acquisition of Rival Newpark Environmental Services
The Federal Trade Commission today announced a unanimous vote to issue an administrative complaint challenging the proposed $85 million acquisition of Newpark Environmental Services by CCS Corporation, and to authorize staff to file a complaint in federal district court seeking a temporary restraining order and preliminary injunction to preserve the competitive status quo, pending an […]
‘Operation Clean Sweep’: FTC and State Agencies Target 36 ‘Credit Repair’ Operations
The Federal Trade Commission and 24 state agencies today announced a crackdown on 33 operations that deceptively claim they can remove negative information from consumers’ credit reports, even if that information is accurate and timely. In the seven FTC actions announced today the Commission seeks to halt the defendants’ allegedly unlawful business practices, prohibit further […]
‘Operation Clean Sweep’: FTC and State Agencies Target 36 ‘Credit Repair’ Operations
The Federal Trade Commission and 24 state agencies today announced a crackdown on 33 operations that deceptively claim they can remove negative information from consumers’ credit reports, even if that information is accurate and timely. In the seven FTC actions announced today the Commission seeks to halt the defendants’ allegedly unlawful business practices, prohibit further […]
FTC Will Grant Six-Month Delay of Enforcement of ‘Red Flags’ Rule Requiring Creditors and Financial Institutions to Have Identity Theft Prevention Programs
The Federal Trade Commission will suspend enforcement of the new “Red Flags Rule” until May 1, 2009, to give creditors and financial institutions additional time in which to develop and implement written identity theft prevention programs. Today’s announcement and the release of an Enforcement Policy Statement do not affect other federal agencies’ enforcement of the […]
Commission Approves Final Consent Order in Matter of Fresenius Medical Care AG & Co. KGaA/Daiichi Sankyo Company, Ltd.
Following a public comment period, the Commission has approved a final consent order in the matter concerning Fresenius Medical Care AG & Co. KGaA/Daiichi Sankyo Company, Ltd. The vote approving the final order was 4-0. (FTC File No. 081-0146; the staff contact is Elizabeth A. Jex, Bureau of Competition, 202-326-3273; see press release dated September […]