The Federal Trade Commission is seeking public comments on two additional applications filed this week by the Divestiture Trustee to divest assets under the Commission’s March 5, 2009 order, which was designed to help restore the competition lost by Whole Foods Market Inc.’s 2007 acquisition of Wild Oats Market, Inc. The Trustee’s applications propose to […]
Monthly Archives: March 2010
Statement from Commissioner Pamela Jones Harbour
For Release March 10, 2010 I hereby announce my resignation as a Commissioner of the Federal Trade Commission, effective April 6, 2010. The happiest individuals, it is said, are those who are contributing to society. I could not agree more. My tenure as a Commissioner has rewarded me with true contentment and satisfaction, far beyond […]
FTC Releases Agenda for Final Roundtable on Consumer Privacy
The Federal Trade Commission today released the agenda for its final roundtable on consumer privacy issues scheduled for March 17, 2010, at the FTC Conference Center, 601 New Jersey Ave,. NW Washington DC, 20001. The Roundtable is the last of three public events designed to explore the privacy challenges that are posed by technology and […]
FTC and States Attorneys General to Announce Major Identity Theft Initiative
FTC Chairman Jon Leibowitz and Illinois Attorney General Lisa Madigan will host a press conference at 10:30 CST (11:30 EST) on Tuesday, March 9, to discuss a major identity theft law enforcement initiative. WHAT: Press Conference WHEN: Tuesday, March 9, 201010:30 AM CST (11:30 EST) WHERE: FTC Midwest Regional OfficeSuite 182555 West Monroe StreetChicago, Illinois […]
LifeLock Will Pay $12 Million to Settle Charges by the FTC and 35 States That Identity Theft Prevention and Data Security Claims Were False
LifeLock, Inc. has agreed to pay $11 million to the Federal Trade Commission and $1 million to a group of 35 state attorneys general to settle charges that the company used false claims to promote its identity theft protection services, which it widely advertised by displaying the CEO’s Social Security number on the side of […]
FTC Seeks Public Comments on Trustee’s Proposal for Sale of Portland, Maine, Store Under Whole Foods Market Inc. Divestiture Order
The Federal Trade Commission is seeking public comments on an application filed by the Divestiture Trustee to divest one store pursuant to the Commission’s March 5, 2009 order, which was issued to help restore the competition lost by Whole Foods Market Inc.’s 2007 acquisition of Wild Oats Market, Inc. Under that order, the Commission appointed […]
Administrative Law Judge Rules That Polypore International’s 2008 Acquisition of Rival Battery Separator Manufacturer Violated Antitrust Law
In an Initial Decision announced today, Chief Administrative Law Judge D. Michael Chappell found that Polypore International Inc.’s consummated acquisition – through its Daramic Acquisition Corporation subsidiary – of rival battery separator manufacturer Microporous L.P. was anticompetitive and violated federal law in four battery separator markets in North America. In an Order filed with the […]
Credit Repair Scammers Settle FTC Charges
A credit repair company that falsely claimed it would help boost consumers’ credit ratings will settle Federal Trade Commission charges filed last year as part of “Operation Clean Sweep,” a federal-state crackdown on credit repair scams. The FTC charged the Chicago-based defendants with falsely promising to remove negative information from consumers’ credit reports, even if […]
FTC to Distribute $3 Million in Refunds to Consumers Who Bought Bogus Health Products
The Federal Trade Commission will distribute more than 5,700 refund checks totaling approximately $3 million to consumers who bought infrared saunas and dietary supplements from Roex, Inc., based on bogus claims that the products would treat, prevent, or cure a wide range of serious diseases. The amounts of the refund checks were determined by the […]
FTC Proposes Requiring EnergyGuide Labels on TVs to Better Inform Consumers
The Federal Trade Commission today proposed requiring that EnergyGuide labels appear on televisions sold in the United States so consumers shopping for TVs will have more information about the energy use of different models. The familiar yellow-and-black rectangular labels currently are required on many consumer appliances, such as washing machines and refrigerators, and provide useful […]