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 […]
Monthly Archives: January 2009
Statement of the FTC’s Bureau of Competition Regarding the Announcement that Oldcastle Architectural, Inc. Will Not Proceed with its Proposed Acquisition of the Pavestone Companies
Following the Federal Trade Commission’s filing of a lawsuit to block the transaction, CRH plc, the parent company of Oldcastle Architectural, Inc., announced on January 14, 2009, that it will not proceed with its proposed $540 million acquisition of Pavestone Company, LP. The announcement states that CRH plc has withdrawn its premerger notification filing for […]
Court Rules in Favor of FTC in National Urological Group Case; Orders Marketers of Thermalean, Lipodrene, and Spontane-ES to Pay More Than $15 Million
A federal district court has ordered the marketers of three dietary supplements to pay more than $15 million for deceiving consumers about the products’ safety and effectiveness. The court imposed the final monetary judgment and permanent prohibitions against the marketers in December 2008, after granting the Federal Trade Commission’s motion for summary judgment last June. […]
Court Rules in Favor of FTC in National Urological Group Case; Orders Marketers of Thermalean, Lipodrene, and Spontane-ES to Pay More Than $15 Million
A federal district court has ordered the marketers of three dietary supplements to pay more than $15 million for deceiving consumers about the products’ safety and effectiveness. The court imposed the final monetary judgment and permanent prohibitions against the marketers in December 2008, after granting the Federal Trade Commission’s motion for summary judgment last June. […]
Judge Orders Kevin Trudeau to Pay More Than $37 Million for False Claims About Weight-Loss Book
A federal judge has ordered infomercial marketer Kevin Trudeau to pay more than $37 million for violating a 2004 stipulated order by misrepresenting the content of his book, “The Weight Loss Cure ‘They’ Don’t Want You to Know About.” In August 2008, Judge Robert W. Gettleman of the U.S. District Court for the Northern District […]
David Shonka Named Acting General Counsel of the FTC
Federal Trade Commission Chairman William E. Kovacic announced today that David C. Shonka will serve as Acting General Counsel for the agency. Shonka will replace William Blumenthal, who is leaving the agency to return to private law practice. “Dave’s work for over three decades has played a leading role in making the Office of General […]
David Shonka Named Acting General Counsel of the FTC
Federal Trade Commission Chairman William E. Kovacic announced today that David C. Shonka will serve as Acting General Counsel for the agency. Shonka will replace William Blumenthal, who is leaving the agency to return to private law practice. “Dave’s work for over three decades has played a leading role in making the Office of General […]
FTC Sues to Block Oldcastle Architecturals Proposed Acquisition of the Pavestone Companies
The Federal Trade Commission has filed suit to block Oldcastle Architectural, Inc.’s proposed acquisition of the interests and assets of the rival Pavestone companies, charging that the $540 million acquisition would greatly reduce competition for drycast concrete hardscape products sold to national home centers, such as The Home Depot, Lowe’s, and Wal-Mart in nearly 300 […]
Marketers of Ab Force Weight Loss Device Agree to Pay $7 Million for Consumer Redress
Marketers who made false and deceptive claims that a device would cause consumers to lose weight by applying electronic stimulation to their abdominal muscles have agreed to pay $7 million to settle an action brought by the Federal Trade Commission to obtain consumer redress. Consumers purchased more than 700,000 Ab Force belts and accessories. The […]
Marketers of Ab Force Weight Loss Device Agree to Pay $7 Million for Consumer Redress
Marketers who made false and deceptive claims that a device would cause consumers to lose weight by applying electronic stimulation to their abdominal muscles have agreed to pay $7 million to settle an action brought by the Federal Trade Commission to obtain consumer redress. Consumers purchased more than 700,000 Ab Force belts and accessories. The […]