The heads of the antitrust agencies of the United States, Canada and Mexico – Chairwoman Edith Ramirez of the Federal Trade Commission, Assistant Attorney General Bill Baer of the Department of Justice’s Antitrust Division, Canadian Commissioner of Competition John Pecman, and President Alejandra Palacios Prieto of the Mexican Federal Competition Commission – met today in […]
Monthly Archives: February 2014
FTC Returns Additional $1.8 Million to Consumer Victims in DVD Vending Scam
The Federal Trade Commission is mailing refund checks totaling more than $1.8 million to 433 consumers who were victimized by a scam that promoted video rental machines as a business opportunity. This mailing, combined with checks mailed by the FTC on two prior occasions, will increase the total funds returned to consumers by the FTC in […]
FTC Approves kidSAFE Safe Harbor Program
Following a public comment period, the Federal Trade Commission has approved the kidSAFE Seal Program as a safe harbor program under the Children’s Online Privacy Protection Act (COPPA) and the agency’s COPPA Rule. The Commission’s COPPA Rule requires operators of online sites and services directed at children under the age of 13 to provide […]
FTC: Scammers Hit New Low by Sending Fake “Funeral Notices”
Scam artists are forever trying to trick people into clicking on links that will download malware to their computers. But the latest scam takes the trick to a new low. Scammers are sending bogus emails with the subject line “funeral notification.” The message appears to be from a legitimate funeral home, offers condolences, and invites […]
FTC Settles with Children’s Gaming Company For Falsely Claiming To Comply With International Safe Harbor Privacy Framework
A children’s online entertainment company has agreed to settle Federal Trade Commission charges that it falsely claimed it was abiding by an international privacy framework known as the U.S.-EU Safe Harbor that enables U.S. companies to transfer consumer data from the European Union to the U.S. in compliance with EU law. According to a complaint […]
FTC Approves Final Order Settling Charges Involving Two Auto Dealers’ Deceptive Ads
Following a public comment period, the Federal Trade Commission approved final consent orders settling charges that two automotive dealers deceptively advertised the cost or available discounts for their vehicles. The FTC charged Don White’s Timonium Chrysler Jeep Dodge of Cockeysville, Md., with advertising “dealer discounts” and “internet prices” not available to a typical consumer. Ganley […]
FTC to Host Roundtable on Proposed Changes to its Care Labeling Rule for Clothing
As part of the Federal Trade Commission’s systematic review of all current FTC rules and guides, the FTC will host a public roundtable in Washington, DC, on March 28, 2014, to analyze proposed changes to its Care Labeling Rule. The roundtable was originally scheduled for October 1, 2013, but it was cancelled due to the […]
FTC Approves Final Order Settling Charges Against TRENDnet, Inc.
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that electronics company TRENDnet, Inc.’s lax security practices led to the exposure of the private lives of hundreds of consumers on the internet for public viewing. The FTC’s complaint alleged that TRENDnet marketed its SecurView cameras for purposes ranging from […]
Paying Agent Notification Requirements
FIL-8-2014 February 07, 2014 Paying Agent Notification Requirements Printable Format: FIL-8-2014 – PDF (PDF Help) Summary: On January 23, 2013, the Securities and Exchange Commission (SEC) amended Exchange Act Rule 17Ad-17 to implement the requirements of Section 929W of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Pub. L. 111-203. The amendments add to […]
FTC Issues Opinion and Final Order Finding McWane, Inc. Unlawfully Maintained Its Monopoly in Domestic Pipe Fittings by Excluding Competitors
The Federal Trade Commission today issued its Opinion and Final Order against McWane, Inc., the largest U.S. supplier of ductile iron pipe fittings used in municipal and regional water distribution systems. In its Opinion, by Chairwoman Edith Ramirez, the Commission affirmed, in part, a May 2013 Initial Decision by Chief Administrative Law Judge D. Michael […]