Over the last year, the Federal Trade Commission has continued aggressive enforcement of the Fair Debt Collection Practices Act by bringing or resolving nine debt collection cases, according to the agency’s annual summary of debt collection activities. “When it comes to debt collection, the FTC has many tools in its arsenal, including research, enforcement, and […]
Monthly Archives: March 2014
FTC Approves Final Order Settling Charges that Fidelity National Financial’s Acquisition of Lender Processing Services Was Anticompetitive
Following a public comment period, the Federal Trade Commission has approved a final consent order settling charges that Fidelity National Financial’s acquisition of Lender Processing Services was anticompetitive. According to the FTC’s December 2013 complaint, the proposed combination of Fidelity’s and LPS’s title plant assets in six individual Oregon counties and the tri-county Portland, Oregon, […]
FTC Approves Tesoro Corporation’s Application to Divest Boise, Idaho, Terminal Business and Related Assets to Sinclair Transportation Co.
Following a public comment period, the Federal Trade Commission has approved an application by Tesoro Corporation and Tesoro Logistics Operations LLC (Tesoro) to sell its petroleum-related terminaling business and related assets in Boise, Idaho, to Sinclair Transportation Co. The divestiture is required under a final FTC consent order approved in August 2013 to settle charges […]
FTC Settlement Bans Precious Metal Marketers from Selling Investment Opportunities
The operator of a bogus precious metals investment scheme that bilked millions of dollars from investors, including many senior citizens, is permanently banned from selling any investment opportunities under a settlement with the Federal Trade Commission. The settlement resolves FTC charges that Anthony J. Columbo and his companies, Premier Precious Metals Inc., Rushmore Consulting Group […]