FTC Launches Redress Program for Mortgage Loan Victims

The Federal Trade Commission today announced that the agency returned almost $28 million to consumers this week as a result of a settlement with The Bear Stearns Companies, LLC and EMC Mortgage Corporation. Using the defendants’ records, about 86,000 consumers who had mortgage loans serviced by EMC have been mailed redress checks. In September 2008, […]

FTC Launches Redress Program for Mortgage Loan Victims

The Federal Trade Commission today announced that the agency returned almost $28 million to consumers this week as a result of a settlement with The Bear Stearns Companies, LLC and EMC Mortgage Corporation. Using the defendants’ records, about 86,000 consumers who had mortgage loans serviced by EMC have been mailed redress checks. In September 2008, […]

FTC Intervenes in Dow Chemical’s $18.8 Billion Acquisition of Rohm & Haas

Dow Chemical Company has settled Federal Trade Commission charges that its proposed $18.8 billion acquisition of rival chemical manufacturer Rohm & Haas Company would be anticompetitive and would violate federal law. Under the proposed consent order allowing the transaction to proceed, Dow will sell a range of assets to an FTC-approved acquirer, including its acrylic […]

FTC Intervenes in Dow Chemical’s $18.8 Billion Acquisition of Rohm & Haas

Dow Chemical Company has settled Federal Trade Commission charges that its proposed $18.8 billion acquisition of rival chemical manufacturer Rohm & Haas Company would be anticompetitive and would violate federal law. Under the proposed consent order allowing the transaction to proceed, Dow will sell a range of assets to an FTC-approved acquirer, including its acrylic […]

FTC to Host Advertising Literacy Forum; Workshop Examines Kids in a Commercial World

The Federal Trade Commission staff will host a workshop on March 12, 2009 to gather input for its advertising literacy initiative, which will educate and empower tweens to be better informed consumers of information. This initiative seeks to raise awareness among tweens, or preadolescents, about advertising and marketing messages; improve their ability to read, analyze, […]

FTC Says Mortgage Broker Broke Data Security Laws: Dumpster Wrong Place for Consumers Personal Information

The Federal Trade Commission has charged a mortgage broker with discarding consumers’ tax returns, credit reports, and other sensitive personal and financial information in an unsecured dumpster, in violation of federal law. According to the FTC, in December 2006, approximately 40 boxes containing consumer records were found in a publicly-accessible dumpster. The records included tax […]

FTC Announces Agendas for First Two Resale Price Maintenance Workshops

The Federal Trade Commission today announced the agendas for the first two in a series of public workshops it is holding on resale price maintenance (RPM). The agendas, which are posted on the Commission’s Web page at http://www.ftc.gov/opp/workshops/rpm/agendap1.pdf and http://www.ftc.gov/opp/workshops/rpm/agendap2.pdf, outline the schedule for the two events, which will be held in Washington, DC, on […]

FTC Announces Agendas for First Two Resale Price Maintenance Workshops

The Federal Trade Commission today announced the agendas for the first two in a series of public workshops it is holding on resale price maintenance (RPM). The agendas, which are posted on the Commission’s Web page at http://www.ftc.gov/opp/workshops/rpm/agendap1.pdf and http://www.ftc.gov/opp/workshops/rpm/agendap2.pdf, outline the schedule for the two events, which will be held in Washington, DC, on […]

FTC Chairman William E. Kovacic Issues Report on FTC at 100: Into Our Second Century

Federal Trade Commission Chairman William E. Kovacic issued a report, following seven months of agency self-assessment, that considers basic questions and future directions as the Commission approaches its 100-year anniversary in 2014. The report concludes, “The progress of the Federal Trade Commission in its modern era has built heavily upon the willingness of its people […]

Staff Working Papers on Section 2 Posted on Federal Trade Commission Web Site; FTC Publishes Notice on Proposed Rule Regarding Depository Institution Disclosure Requirements; FTC Extends Public Comment Period Related to Endorsement Guides Review

Staff Working Papers on Section 2 Posted on Federal Trade Commission Web Site – Staff associated with the recent Federal Trade Commission/Department of Justice Hearings on Section 2 of the Sherman Act: Single-Firm Conduct as Related to Competition, have prepared a series of working papers, covering several of the topics addressed by the hearings. The […]