The Federal Trade Commission today told the U.S. House Subcommittee on Commerce, Trade, and Consumer Protection of the Committee on Energy and Commerce that the FTC will work with the Subcommittee and others to explore ways to deploy the FTC’s experience and resources in connection with the recent grievous events at the historic Burr Oak […]
Monthly Archives: July 2009
FTC Challenges Carilions Acquisition of Outpatient Medical Clinics
The Federal Trade Commission has issued an administrative complaint challenging Carilion Clinic’s 2008 acquisition of two outpatient clinics in the Roanoke, Virginia, area. Prior to the acquisition, the Center for Advanced Imaging (CAI) and the Center for Surgical Excellence (CSE) had strong reputations for offering high-quality care and convenient services at prices much lower than […]
Commission Sends Consumers Refund Checks in Advance-Fee Credit Card Case
On July 15, 2009, the Federal Trade Commission sent refund checks to consumers who allegedly had been defrauded in the case of FTC v. Integrity Financial Enterprises, LLC. Consumers who filed a claim with the FTC received checks averaging more than $200, which covered more than 85 percent of their losses. The refund checks must […]
FTC, Three States Charge Scammers with Falsely Promising Guaranteed $25,000 Government Grants as Part of the Economic Stimulus Package
At the request of the Federal Trade Commission and three state Attorneys General, a U.S. district court judge has stopped an operation from falsely claiming that it could help consumers secure a “$25,000 Grant” – guaranteed – from the U.S. government. The case is the latest in a Commission crackdown on scammers trying to capitalize […]
FTC Testifies About Efforts to Combat Fraudulent and Deceptive Advertising
The Federal Trade Commission testified today before the U.S. Senate on its efforts to combat deceptive advertising in the face of rapid changes in health care, technology, and online marketing strategies. In testimony before the Senate Committee on Commerce, Science, and Transportation’sSubcommittee on Consumer Protection, Product Safety, and Insurance, David Vladeck, Director of the FTC’s […]
Commission Reopens Public Comment Period On the Cooling Off Rule
The Commission has reopened the public comment period for the review of the “Cooling Off Rule” – formally known as the Trade Regulation Rule Concerning Cooling-Off Period for Sales Made at Homes or at Certain Other Locations – for an additional 60 days, through September 25, 2009. On April 21, 2009, the FTC issued a […]
Manufacturer Settles with FTC for Making Misleading Made-in-the-USA Claims
A manufacturer of magnifiers and other desktop and portable vision aids has agreed to settle Federal Trade Commission charges that it falsely claimed its products were “Made in the U.S.A.” The proposed settlement prohibits the company from deceiving consumers about the degree to which its vision-related products are made in the United States. Enhanced Vision […]
FTC Approves Final Consent Orders in Matters Concerning Kmart Corporation and Tender Corporation
For Your Information July 17, 2009 Following a public comment period, the Commission has approved final consent orders in the matters of Kmart Corporation and Tender Corporation. The FTC’s complaints in these matters charged the companies with making false and unsubstantiated claims that their paper products were “biodegradable.” The vote approving each final order was […]
FTC Testifies on Importance of Competition and Antitrust Enforcement to Lower-Cost, Higher-Quality Health Care
The Federal Trade Commission today told the Senate Subcommittee on Consumer Protection, Product Safety, and Insurance of the Committee on Commerce, Science & Transportation that competition and the agency’s antitrust enforcement improves health care in the United States in two ways – first, by preventing or stopping anticompetitive agreements to raise prices and second, by […]
Federal and State Agencies Target Mortgage Foreclosure Rescue and Loan Modification Scams
WHERE: California Dept. of Insurance briefing roomReagan State Office BuildingFirst Floor300 South Spring StreetLos Angeles, CA Call-in Information: Reporters unable to attend the event can call in. The phone number is 866-363-9013, the confirmation number is 20380727. The lines, which are for media only, will open at 9:45 a.m. PST. (NOTE: In order to join […]