At the request of several Members of Congress, the Federal Trade Commission is further delaying enforcement of the “Red Flags” Rule through December 31, 2010, while Congress considers legislation that would affect the scope of entities covered by the Rule. Today’s announcement and the release of an Enforcement Policy Statement do not affect other federal […]
Monthly Archives: May 2010
FTC Seeks Comments on Proposed Orders Requiring Food-and-Beverage Industry to Produce Information about Marketing to Kids
For Your Information May 27, 2010 The Federal Trade Commission is seeking comments on a proposal to compel information from major food and beverage manufacturers, distributors, and marketers, as well as quick-service restaurant companies. The proposed orders are outlined in a Federal Register notice published by the agency. The orders seek data about the companies’ […]
FTC Submits Statement to Congress on Deceptive Marketing of Dietary Supplements
The Federal Trade Commission submitted a statement today to the U.S. Senate describing the agency’s work to protect consumers from false or misleading claims about dietary supplements. This work includes law enforcement actions, coordination with the Food and Drug Administration, and consumer education. Submitted to the U.S. Senate Special Committee on Aging, the statement noted […]
FTC Files Amicus Brief in Support of Rehearing of Ciprofloxacin “Pay-for-Delay” Case; FTC Approves Final Rule to Inform Consumers About Deposit Institutions That Lack Federal Deposit Insurance
FTC Files Amicus Brief in Support of Rehearing of Ciprofloxacin “Pay-for-Delay” Case The Federal Trade Commission has filed an amicus brief in the U.S. Court of Appeals for the Second Circuit, recommending that it hold a rehearing before all the judges (“en banc”) of the Ciprofloxacin (Cipro) “pay-for-delay” case. The case concerns payments made by […]
FTC Announces Third Workshop on the Future of Journalism June 15 at the National Press Club
The Federal Trade Commission will hold its third and final workshop on the future of journalism at the National Press Club in Washington, DC, on June 15, 2010. Information about the series of workshops can be found at http://www.ftc.gov/opp/workshops/news/index.shtml. An agenda for this third workshop will be posted at a later date. Consumers are increasingly […]
Victims of Bogus Online Pharmacy Scheme Being Sent Reimbursement Checks This Week on Behalf of FTC
This week, an administrator working on behalf of the Federal Trade Commission mailed checks to 19,324 consumers nationwide who were defrauded by marketers accused of running a bogus online pharmacy that sold sham “membership packages” to elderly consumers. Consumers who were victims of this scam will receive a total of $159,000 in redress. These are […]
FTC Closes its Investigation of Google AdMob Deal
The Federal Trade Commission has closed its investigation of Google’s proposed acquisition of mobile advertising network company AdMob after thoroughly reviewing the deal and concluding that it is unlikely to harm competition in the emerging market for mobile advertising networks. In a statement issued today, the Commission said that although the combination of the two […]
Commission Seeks Public Comments on Carilion Clinics Application to Sell Center for Advanced Imaging to InSight Health Corporation; FTC Comment to FERC: Consider Ways to Improve Efficiency of Demand Response Compensation; FTC Approves The Dow Chemical
Commission Seeks Public Comments on Carilion Clinic’s Application to Sell Center for Advanced Imaging to InSight Health Corporation The Federal Trade Commission is seeking public comments on a proposed sale by Carilion Clinic of Roanoke, Virginia. Under a December 2009 settlement order with the FTC, Carilion must divest an imaging center and an outpatient surgical […]
FTC Creates Teaser Website to Help Consumers Spot Advance Fee Loan Scams
The Federal Trade Commission has created a “teaser” website for a fictitious lending company that warns consumers about how easy it is to be fooled by scammers charging up-front fees for bogus loans. The site also explains how to spot and avoid loan scams. The website is part of a consumer education campaign to help […]
At FTC’s Request, Court Stops Deceptive Telemarketing Calls Pitching Credit Card Interest Rate Reduction
At the request of the Federal Trade Commission, a federal judge has put a stop to three companies’ allegedly deceptive telemarketing calls, including robocalls, that promised to reduce consumers’ credit card interest rates; frozen their assets; and appointed a receiver to take control of the business. According to the FTC’s complaint, over the past two […]