Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Cardinal Health, Inc.’s acquisition of three nuclear pharmacies from Biotech was anticompetitive and reduced competition for low-energy radiopharmaceuticals in Las Vegas, Nevada; Albuquerque, New Mexico; and El Paso, Texas. Settlement of the FTC’s charges requires Cardinal to reconstitute […]
Monthly Archives: October 2011
Federal Trade Commission, Department of Justice Issue Final Statement of Antitrust Policy Enforcement Regarding Accountable Care Organizations
The Federal Trade Commission and Department of Justice today issued the final version of a joint policy statement detailing how the agencies will enforce U.S. antitrust laws with respect to new Accountable Care Organizations (ACOs). An ACO is an organization of health care providers that jointly offer services to reduce costs and improve the quality […]
Court Finds Defendant in Contempt for Violating Prior Court Order That Prohibited Him from Making Credit Repair Pitches to Consumers
Responding to charges by the Federal Trade Commission, a U.S. district court has found a credit repair seller in contempt for violating a previous court order that required him to stop promoting worthless credit repair products and services to consumers. The contempt order finds Rick Lee Crosby, Jr. in civil contempt for violating a permanent […]
FTC Stops Nationwide Federal Jobs Scam
As part of the Federal Trade Commission’s crackdown on scams that target consumers in financial distress, the FTC has stopped a nationwide scheme that deceived consumers with claims that it could help them get federal government jobs by providing job listings supposedly not available to the general public. The agency alleged that the defendants charged […]
Bogus Government Grant Promoters Agree to Permanent Ban to Resolve FTC Charges
The Federal Trade Commission has stopped an operation that allegedly deceived consumers with misleading and unsubstantiated claims about bogus products and services, including one that supposedly would help them get free government grants. To resolve FTC charges, several defendants behind the “Grant Connect” program have agreed to a permanent bar from marketing products and services […]
United States and European Union Antitrust Agencies Issue Revised Best Practices for Coordinating Merger Reviews
The Federal Trade Commission, Department of Justice, and the European Commission today issued an updated set of “best practices” that they use to coordinate their merger reviews. The agencies also celebrated the 20th anniversary of the United States-European Union bilateral antitrust agreement. Following their annual antitrust consultations earlier today, Jon Leibowitz, Chairman of the FTC, […]
FTC Charges Credit Repair Operators With Misleading Credit Bureaus and Charging Consumers Illegal Up-Front Fees
The Federal Trade Commission has charged the operators of a credit repair company with making false statements to credit bureaus about information in consumers’ credit reports, and illegally collecting fees from consumers before performing any services. The action is part of the FTC’s continuing crackdown on scams that prey on financially distressed consumers. According to […]
FTC Seeks Public Comment on Universal Health Services’ Application to Sell Puerto Rico Assets
Universal Health Services, Inc. has submitted an application to the Federal Trade Commission to sell what are known as the Puerto Rico Divestiture Assets, including Hospital San Juan Capestrano and its affiliated outpatient centers, to Donald R. Dizney and David A. Dizney, through two companies that are members of the United Medical Corporation (UMC). Universal […]
FTC Testifies About the Interagency Working Group on Food Marketed to Children
The Federal Trade Commission testified today before the U.S. House of Representatives on the agency’s efforts to help address childhood obesity through its participation in the Interagency Working Group on Food Marketed to Children. The Director of the FTC’s Bureau of Consumer Protection, David C. Vladeck, delivered the testimony on behalf of the FTC at […]
Peer-to-Peer File-Sharing Software Developer Settles FTC Charges
Frostwire LLC, a peer-to-peer file-sharing application developer, has agreed to settle Federal Trade Commission charges that its software likely would cause consumers to unwittingly expose sensitive personal files stored on their mobile devices, and that it misled consumers about which downloaded files from their desktop and laptop computers would be shared with a file-sharing network. […]