FTC Approves Appointment of Interim Monitor and Interim Monitor Agreement in Matter of Getinge AB/Datascope Corporation

– The FTC has approved the appointment of Quantic Regulatory Services, LLC as the interim monitor in the matter concerning Getinge AB’s acquisition of Datascope Corporation, and also has approved the related interim monitor agreement. On January 29, 2009, the Commission voted to accept a consent order resolving the anticompetitive concerns related to the proposed […]

FTC Approves Appointment of Interim Monitor and Interim Monitor Agreement in Matter of Getinge AB/Datascope Corporation

– The FTC has approved the appointment of Quantic Regulatory Services, LLC as the interim monitor in the matter concerning Getinge AB’s acquisition of Datascope Corporation, and also has approved the related interim monitor agreement. On January 29, 2009, the Commission voted to accept a consent order resolving the anticompetitive concerns related to the proposed […]

FTC Intervenes in Lubrizol’s Consummated Acquisition of Lockharts Oxidate Assets

The Federal Trade Commission has intervened in Lubrizol Corporation’s 2007 acquisition of the oxidate assets of rival firm The Lockhart Company, which the agency contends violated the antitrust laws and lessened competition in the U.S. market for these chemical rust inhibitors. Under a consent order settling the FTC’s charges, Lubrizol has agreed to transfer the […]

FTC Intervenes in Lubrizol’s Consummated Acquisition of Lockharts Oxidate Assets

The Federal Trade Commission has intervened in Lubrizol Corporation’s 2007 acquisition of the oxidate assets of rival firm The Lockhart Company, which the agency contends violated the antitrust laws and lessened competition in the U.S. market for these chemical rust inhibitors. Under a consent order settling the FTC’s charges, Lubrizol has agreed to transfer the […]

FTC Testifies on Efforts to Protect Consumers in Financial Distress

The Federal Trade Commission testified today before the U.S. Senate Committee on Commerce, Science, and Transportation about the agency’s increased focus on protecting consumers in financial distress. The testimony described the FTC’s stepped-up law enforcement and consumer education efforts addressing mortgage foreclosure rescue scams, bogus debt relief and credit repair services, and unlawful debt collection. […]

FTC Report Urges Reform and Modernization of Federal Debt Collection Law; Agency Also Issues Annual FDCPA Report to Congress

The Federal Trade Commission issued a report today recommending that the debt collection legal system be reformed and modernized to reflect changes in consumer debt, the debt collection industry, and technology. The report describes the changes the FTC believes will provide better consumer protection without unduly burdening the debt collection industry. The Commission also issued […]

FTC Releases List of Top Consumer Complaints in 2008

The Federal Trade Commission today released the list of top consumer complaints received by the agency in 2008. The list, contained in the publication “Consumer Sentinel Network Data Book for January-December 2008,” showed that for the ninth year in a row, identity theft was the number one consumer complaint category. Of 1,223,370 complaints received in […]

FTC Releases List of Top Consumer Complaints in 2008

The Federal Trade Commission today released the list of top consumer complaints received by the agency in 2008. The list, contained in the publication “Consumer Sentinel Network Data Book for January-December 2008,” showed that for the ninth year in a row, identity theft was the number one consumer complaint category. Of 1,223,370 complaints received in […]

FTC Announces Regulatory Review of Its Fuel Rating Rule

The Commission has approved a Federal Register notice seeking comment on the agency’s Fuel Rating Rule (16 CFR Part 306), as part of its systematic review of its rules and regulations. As detailed in the notice, which will be published soon and is available now on the FTC’s Web site as a link to this […]

FTC Obtains Court Order Halting Internet Payday Lenders Who Failed to Disclose Key Loan Terms and Used Abusive and Deceptive Collection Tactics

In a case filed by the Federal Trade Commission and the State of Nevada, a federal court has ordered a halt to certain practices by seven U.S.-based companies and an individual operating as part of an international Internet payday lending operation. They were charged with failing to disclose key loan terms and using abusive and […]