The Federal Trade Commission is proposing changes to its Energy Labeling Rule so that its television testing and reporting requirements conform with a new Department of Energy test procedure published in October. Under the Energy Labeling Rule, manufacturers must attach yellow EnergyGuide labels stating an annual operating cost and an energy consumption rating, and a […]
Monthly Archives: December 2013
FTC Approves Final Order Settling Charges That Mylan, Inc.’s Acquisition of Agila Specialties Global Pte. Ltd and Agila Specialties Pvt. Ltd. Was Anticompetitive
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Mylan, Inc.’s acquisition of Agila Specialties Global Pte. Ltd and Agila Specialties Pvt. Ltd. (collectively, Agila) from Strides Arcolab Ltd. was anticompetitive in 11 injectable generic drug markets. The FTC’s order, first announced in September, requires Mylan and […]
FTC Testifies on Data Brokers Before Senate Committee on Commerce, Science and Transportation
The Federal Trade Commission provided information to Congress today on the status of its work regarding companies that collect and aggregate consumers’ information and then resell it, known as data brokers. Testifying on behalf of the Commission before the Senate Committee on Commerce, Science and Transportation, Bureau of Consumer Protection Director Jessica Rich told lawmakers […]
FTC Issues Performance and Accountability Report for Fiscal Year 2013
The Federal Trade Commission has issued its Fiscal Year (FY) 2013 Performance and Accountability Report. The report shows American taxpayers how the FTC has managed its resources, highlights major accomplishments in fulfilling the FTC’s two core goals of protecting consumers and promoting competition, and outlines plans for addressing future challenges. As required by the Reports […]
FTC Moves Against Massive Mobile Cramming Operation That Heaped Millions in Unwanted Charges on Consumers’ Bills
The Federal Trade Commission is taking action to stop a mobile phone cramming operation that has placed tens of millions of dollars on consumers’ mobile phone bills without their permission. In its complaint, the FTC seeks to shut down the operation and recover money lost by consumers. The FTC’s complaint charges that Lin Miao and […]
FTC Ends Rulemaking On Caller ID Falsification Issues
After reviewing the public comments received on a December 2010 Notice of Proposed Rulemaking regarding the caller identification (Caller ID) requirements of the Federal Trade Commission’s Telemarketing Sales Rule (TSR), as well as technical presentations at the FTC’s 2012 Robocall Summit, the Commission has closed the proceeding. The FTC has determined that amendments to the […]
Professional Associations Settle FTC Charges by Eliminating Rules That Restricted Competition Among Their Members
Two professional associations, of music teachers and legal support services providers respectively, have agreed to eliminate provisions in their codes of ethics that limited competition among their members, according to the FTC. These settlements are the latest in a long line of antitrust cases addressing restraints on competition that are incorporated into the ethics codes […]
FTC Seeks Public Comment on IVeriFly, Inc., Proposal for Parental Verification Method Under COPPA Rule
The Federal Trade Commission is seeking public comment on a proposed verifiable parental consent method that IVeriFly, Inc., has submitted for Commission approval under the agency’s Children’s Online Privacy Protection Rule. Under the rule, online sites and services directed at children must obtain permission from a child’s parents before collecting personal information from that child. […]
Defendants in Two Financial Services Schemes Banned from Providing Mortgage and Debt Relief Services
The defendants in two separate alleged scams have settled charges with the Federal Trade Commission and will be banned from providing mortgage- and debt-relief services. The cases are part of the FTC’s continuing crackdown on scams targeting consumers in financial distress, including debt relief and credit repair scams, and mortgage relief scams. American Mortgage Consulting […]
FTC Approves Final Order Settling Charges that Actavis, Inc.’s Acquisition of Warner Chilcott plc Would Be Anticompetitive in Four Current and Future Drug Markets
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Actavis, Inc’s proposed acquisition of Warner Chilcott plc would reduce competition in the U.S. markets for four current and future pharmaceuticals. They are: Generic Femcon FE, a chewable oral contraceptive tablet that contains progestin and estrogen; Loestrin 24 […]