FTC Staff Comment Says New York Bill to Regulate Pharmacy Benefit Managers May Increase Pharmaceutical Prices for New York Consumers – Federal Trade Commission staff filed a comment stating that provisions of New York State Senate Bill 58 would likely have the unintended consequence of increasing prices that New York consumers and health plans pay […]
Monthly Archives: April 2009
FTC Staff Comment Says New York Bill to Regulate Pharmacy Benefit Managers May Increase Pharmaceutical Prices for New York Consumers; Commission Approves Final Consent Order in Matter of Dow Chemical Company and Rohm & Haas Company
FTC Staff Comment Says New York Bill to Regulate Pharmacy Benefit Managers May Increase Pharmaceutical Prices for New York Consumers – Federal Trade Commission staff filed a comment stating that provisions of New York State Senate Bill 58 would likely have the unintended consequence of increasing prices that New York consumers and health plans pay […]
FTC Halts Bogus Cancer Cures
The Federal Trade Commission has brought to a halt two peddlers of bogus cancer cures that were targeted during Operation False Cures, a law enforcement sweep announced last fall. The FTC charged the companies in the sweep with making unsupported claims that their concoctions treated, cured, or prevented one or more types of cancer. With […]
FTC Offers Red Flags Web Site To Help Creditors and Financial Institutions Design Identity Theft Prevention Programs
The Federal Trade Commission has launched a Web site to help entities covered by the Red Flags Rule design and implement identity theft prevention programs. The Rule requires “creditors” and “financial institutions” to develop written programs to identify the warning signs of ID theft, spot them when they occur, and take appropriate steps to respond […]
FTC Offers Red Flags Web Site To Help Creditors and Financial Institutions Design Identity Theft Prevention Programs
The Federal Trade Commission has launched a Web site to help entities covered by the Red Flags Rule design and implement identity theft prevention programs. The Rule requires “creditors” and “financial institutions” to develop written programs to identify the warning signs of ID theft, spot them when they occur, and take appropriate steps to respond […]
FTC Intervenes in BASFs Proposed $5.1 Billion Acquisition of Ciba Holding Inc.
BASF has settled Federal Trade Commission charges that its proposed $5.1 billion acquisition of rival chemical manufacturer Ciba Holding Inc. would be anticompetitive and violate federal law by reducing competition in the worldwide markets for two high performance pigments. Under the terms of a consent order allowing the transaction to proceed, the FTC requires BASF […]
FTC Intervenes in BASFs Proposed $5.1 Billion Acquisition of Ciba Holding Inc.
BASF has settled Federal Trade Commission charges that its proposed $5.1 billion acquisition of rival chemical manufacturer Ciba Holding Inc. would be anticompetitive and violate federal law by reducing competition in the worldwide markets for two high performance pigments. Under the terms of a consent order allowing the transaction to proceed, the FTC requires BASF […]
Telemarketers Settle Charges of Misleading Consumers with Free Product Pitches
A group of sellers and telemarketers charged in 2008’s “Operation Tele-PHONEY” interagency law enforcement sweep have agreed to post a $5 million performance bond before calling consumers and have been barred from violating federal law, including the Federal Trade Commission’s Telemarketing Sales Rule (TSR). The complaint, brought jointly by the Federal Trade Commission and the […]
Telemarketers Settle Charges of Misleading Consumers with Free Product Pitches
A group of sellers and telemarketers charged in 2008’s “Operation Tele-PHONEY” interagency law enforcement sweep have agreed to post a $5 million performance bond before calling consumers and have been barred from violating federal law, including the Federal Trade Commission’s Telemarketing Sales Rule (TSR). The complaint, brought jointly by the Federal Trade Commission and the […]
Competition Acting Director David Wales to Leave FTC
Federal Trade Commission Chairman Jon Leibowitz announced today that David P. Wales, Acting Director of the Bureau of Competition for the past nine months, will leave the FTC in May. “Dave has done a terrific job in leading the Bureau of Competition during an active period of antitrust enforcement and a successful time for the […]