FTC Sends Refunds to Consumers Duped by Marketers Who Claimed Fuel Additive Could Drastically Increase Fuel Economy and Reduce Emissions

The Federal Trade Commission is mailing refund checks totaling $42,580.45 to 1,274 consumers who bought a worthless fuel additive called EnviroTabs. Its marketer, Green Foot Global LLC, touted it as the “World’s 1st Multi-Vitamin for Your Engine!” and falsely claimed it would increase fuel efficiency, reduce emissions, and save consumers money. Consumers are receiving full […]

FTC Testifies on Precious Metals Investment Scams Before Senate Special Committee on Aging

In testimony before Congress today, the Federal Trade Commission described its efforts to stop precious metals investment scams and inform consumers how to avoid them. Testifying on behalf of the Commission before the Senate Special Committee on Aging, Dama Brown, Director of the FTC’s Southwest Region, said the agency is committed to protecting consumers from […]

FTC Requests Public Comments on Two Applications by Fidelity National Financial Inc. for Approval to Divest Oregon Title Plant Assets

The Federal Trade Commission is currently accepting public comments on two applications by Fidelity National Financial Inc. to sell Oregon real estate title plant assets, as required by the FTC order settling charges that Fidelity’s acquisition of Lender Processing Services, Inc. (LPS) would be anticompetitive. According to the FTC’s administrative complaint, issued in December 2013, […]

FTC Requests Public Comments on SCI’s Application to Approve Sale of Funeral Assets in California

The Federal Trade Commission is currently accepting public comments on an application by Service Corporation International (SCI) to sell certain funeral and cemetery assets, as required under the FTC’s December 2013 proposed order settling charges that SCI’s acquisition of Stewart Enterprises, Inc. would be anticompetitive. In total, the proposed order requires the combined SCI/Stewart to […]

FTC Requests Public Comments on Ardagh Group S.A.’s Application for Approval to Sell Six Plants and Related Assets to Glass Container Acquisition LLC

The Federal Trade Commission is currently accepting public comments on an application by Ardagh Group S.A. to sell six manufacturing plants and related assets to Glass Container Acquisition LLC (GCA), an affiliate of KPS Capital Partners L.P. (KPS), as required under an FTC’s order settling charges that Ardagh’s proposed acquisition of Saint-Gobain Containers, Inc. would […]

Terrell McSweeny Begins Term at Federal Trade Commission

Federal Trade Commission Chairwoman Edith Ramirez welcomed Terrell McSweeny as she began her official duties today as an FTC Commissioner. President Obama named McSweeny to a term that ends on September 25, 2017. She was confirmed by a 95-1 vote in the U.S. Senate on April 9, 2014. “We are very pleased that Terrell McSweeny […]

FTC Announces New Location of the Agency’s Premerger Notification Office

The Federal Trade Commission has relocated its Premerger Notification Office (PNO) from the FTC headquarters building to the Constitution Center building, at the corner of 7th and D Streets S.W. in Washington, DC. The FTC has issued a final Federal Register notice formally amending the Hart-Scott-Rodino (HSR) rules and form instructions to reflect the new […]

International Competition Network Adopts Recommended Practices for Predatory Pricing Analysis and Advances Convergence on Confidentiality Protections

The International Competition Network (ICN) adopted new recommended practices for predatory pricing analysis and competition assessment, and approved new work product on international merger enforcement cooperation, confidentiality protections during investigations, leniency policy and digital evidence gathering, the Federal Trade Commission announced today. The 13th annual ICN conference, hosted by the Moroccan Competition Council, was held […]

Webinar on Senior Management’S Role in Cybersecurity

FIL-21-2014 April 25, 2014 Webinar on Senior Management’S Role in Cybersecurity   Summary: The Federal Financial Institutions Examination Council will host a free webinar entitled Executive Leadership of Cybersecurity: What Today’s CEO Needs to Know About the Threats They Don’t See. The webinar is scheduled for May 7, 2014, from 1:00 p.m. to 2:30 p.m., […]

FTC Mails Refund Checks to Consumers Allegedly Defrauded by Telemarketers Who Charged a Fee, Promising to Help Lower Their Credit Card Interest Rates

An administrator working for the Federal Trade Commission today began mailing refund checks to more than 4,800 consumers allegedly defrauded by National Card Monitor, LLC (National), a telemarketing operation that promised to substantially lower consumers’ credit card interest rates for an advance fee. In July 2013, National settled an FTC complaint, agreeing to provide the […]