The Federal Trade Commission has issued a report to Congress on the credit report complaint referral program under the Fair Credit Reporting Act (FCRA). The Commission is the federal agency with primary responsibility for compliance with the FCRA and operates a system for receiving complaints from consumers about possible violations of the FCRA. Section 611(e) […]
Monthly Archives: December 2008
FTC Intervenes in King Pharmaceuticals Acquisition of Rival Alpharma Inc.
The Federal Trade Commission has issued a consent order to settle its charges that King Pharmaceuticals, Inc.’s proposed $1.6 billion acquisition of rival drug-maker Alpharma Inc. would be anticompetitive and would violate federal law. The proposed consent order requires King to divest the rights to Alpharma’s branded oral long-acting opioid (LAO) analgesic drug Kadian to […]
FTC Intervenes in King Pharmaceuticals Acquisition of Rival Alpharma Inc.
The Federal Trade Commission has issued a consent order to settle its charges that King Pharmaceuticals, Inc.’s proposed $1.6 billion acquisition of rival drug-maker Alpharma Inc. would be anticompetitive and would violate federal law. The proposed consent order requires King to divest the rights to Alpharma’s branded oral long-acting opioid (LAO) analgesic drug Kadian to […]
FTC Settles Price-Fixing Charges Against Two Separate Doctors’ Groups
Physician groups in Modesto, California, and in Boulder County, Colorado, have agreed to settle separate Federal Trade Commission charges that they each violated federal laws. Both groups are charged with orchestrating and carrying out agreements among their members to refuse, and threaten to refuse, to deal with insurance providers, unless they raised the fees paid […]
FTC Settles Price-Fixing Charges Against Two Separate Doctors’ Groups
Physician groups in Modesto, California, and in Boulder County, Colorado, have agreed to settle separate Federal Trade Commission charges that they each violated federal laws. Both groups are charged with orchestrating and carrying out agreements among their members to refuse, and threaten to refuse, to deal with insurance providers, unless they raised the fees paid […]
FTC Issues Interim Final Rules Amending Parts 3 and 4 of its Rules of Practice; Rules are Designed to Expedite and Streamline the Entire Part 3 Proceeding
The Federal Trade Commission today approved a notice adopting interim final rules amending Parts 3 and 4 of the agency’s Rules of Practice, and requesting public comments within 30 days of the date they are published in the Federal Register. Today’s action represents the next step in the FTC’s broad and systematic internal review of […]
FTC Orders Nine Insurers to Submit Information for Study of the Effect of Credit-Based Insurance Scores on Consumers of Homeowners Insurance
The Federal Trade Commission has ordered nine insurance companies to produce information for a study on the use and effect of credit-based insurance scores on consumers of homeowners insurance. The FTC issued the orders pursuant to Section 6(b) of the Federal Trade Commission Act. The orders require information from the nine largest private providers of […]
FTC Orders Nine Insurers to Submit Information for Study of the Effect of Credit-Based Insurance Scores on Consumers of Homeowners Insurance
The Federal Trade Commission has ordered nine insurance companies to produce information for a study on the use and effect of credit-based insurance scores on consumers of homeowners insurance. The FTC issued the orders pursuant to Section 6(b) of the Federal Trade Commission Act. The orders require information from the nine largest private providers of […]
Credit Repair Company Agrees to Settle FTC Charges; Company Made False Claims About Its Credit Repair Services
A credit repair company that lured consumers with false claims for credit repair services and required advance payment ranging from $500 to as much as $2,500 has agreed to settle Federal Trade Commission charges that it violated federal law. The agency filed the charges in July as part of “Operation Clean Sweep,” a crackdown on […]
Credit Repair Company Agrees to Settle FTC Charges; Company Made False Claims About Its Credit Repair Services
A credit repair company that lured consumers with false claims for credit repair services and required advance payment ranging from $500 to as much as $2,500 has agreed to settle Federal Trade Commission charges that it violated federal law. The agency filed the charges in July as part of “Operation Clean Sweep,” a crackdown on […]