Following a public comment period, the FTC has accepted as final an order with CVS Caremark settling charges that it misrepresented the prices of certain Medicare Part D prescription drugs, including drugs used to treat breast cancer symptoms and epilepsy, at CVS and Walgreens pharmacies. The settlement bars deceptive claims related to Medicare Part D […]
Monthly Archives: May 2012
Debt Collectors Settle with FTC, Agree to Stop Deceiving and Abusing Consumers
Defendants in a debt collection operation that allegedly sought payment for bogus magazine subscription debts have settled with the Federal Trade Commission. The FTC alleged in its complaint that the defendants knew, or should have known, that some of the magazine subscription debts they were collecting were not valid. The defendants, who handle collection of […]
FTC Announces Action Against Major Marketer of Consumer Goods
WHAT: The Federal Trade Commission will hold a press conference on Wednesday, May 16, 2011, at 11:00 a.m. ET, to announce a settlement with a major marketer of consumer goods in a case alleging deceptive advertising. WHO: David Vladeck, Director, FTC Bureau of Consumer Protection WHEN: Wednesday, May 16, 2012, at 11:00 a.m. ET. (The […]
FTC Action Halts Allegedly Deceptive Own-Your-Own Website Business Opportunity
The Federal Trade Commission halted an operation that allegedly lured consumers into spending thousands of dollars for Internet websites and advertising by misrepresenting that they could make lots of money by linking the sites to major retailers. The court ordered a stop to the defendants’ allegedly deceptive practices and froze their assets pending further litigation. […]
FTC Seeks Public Input on Used Auto Parts Guides
Do you have something to say about used auto parts and how they’re marketed? If so, the Federal Trade Commission wants to hear from you. As part of its systematic review of all current FTC rules and guides, the FTC is seeking public comment on the costs, benefits, need for, and regulatory and economic impact […]
Howard Shelanski Named Director of FTC’s Bureau of Economics
Federal Trade Commission Chairman Jon Leibowitz announced today that Howard Shelanski has been named Director of the FTC’s Bureau of Economics. Effective July 1, he will replace Joseph Farrell, who has served in the position since 2009 and is returning to academia on May 31. Deputy Director Pauline Ippolito will serve as Acting Director during […]
FTC Approves Final Order Settling Charges that Star Pipe Products, Ltd. Acted Anticompetitively in Market for Municipal Water System Iron Pipe Fittings; FTC Approves Final Orders Settling Charges that Auto Dealers Falsely Promised to Pay Off Consumers’
FTC Approves Final Order Settling Charges that Star Pipe Products, Ltd. Acted Anticompetitively in Market for Municipal Water System Iron Pipe Fittings Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Star Pipe Products, Ltd. engaged in illegal anticompetitive practices to protect its share of the market […]
FTC Sues Funeral Home for Continuing Failure to Disclose Prices
The Federal Trade Commission has charged a funeral home with violating the FTC’s Funeral Rule, which helps people compare prices and buy only the funeral services and goods they want. The case is part of the FTC’s continuing efforts to make sure consumers are treated fairly when arranging a funeral. It is the second FTC […]
FTC Testifies on Efforts to Protect Consumer Privacy
The Federal Trade Commission testified before Congress about the agency’s efforts to protect consumer privacy, including the FTC’s support for implementation of a “Do Not Track” mechanism that would allow consumers to control the tracking of their online activities across websites, and other approaches recommended in its recent privacy report. In delivering Commission testimony before […]
FTC Joins Department of Justice and Consumer Financial Protection Bureau in Filing Brief Supporting the Constitutionality of the Fair Credit Reporting Act
The Federal Trade Commission has joined the Department of Justice and the Consumer Financial Protection Bureau in filing a memorandum brief in support of the constitutionality of the Fair Credit Reporting Act (FCRA), the 1970 law that is designed to protect the privacy of credit report information and ensure that the information supplied by consumer […]