FTC Workshop Will Examine Competition and Consumer Protection Issues in the Rooftop Solar Business

The Federal Trade Commission will hold a workshop in Washington, DC, on June 21, 2016, to examine competition and consumer protection issues raised by consumers’ growing use of rooftop solar panels to generate their own electric power. The workshop will bring together a variety of stakeholders, including industry representatives, consumer advocates, academic experts, and government […]

FTC, DOJ Issue Joint Statement on Preserving Competition in the Defense Industry

The Federal Trade Commission and the Department of Justice today issued a joint statement reaffirming the importance of preserving competition in the defense industry. The statement describes the agencies’ framework for analyzing defense industry mergers and acquisitions and emphasizes that the antitrust agencies work closely with the Department of Defense, which is in a unique […]

Four Companies Agree to Stop Falsely Promoting Their Personal-Care Products as “All Natural” or “100% Natural”; Fifth is Charged in Commission Complaint

Four companies that market skin care products, shampoos, and sunscreens online have agreed to settle Federal Trade Commission charges that they falsely claimed that their products are “all natural” or “100% natural,” despite the fact that they contain synthetic ingredients. The Commission has issued a complaint against a fifth company for making similar claims. Under […]

FTC Issues Warning Letters Regarding the Agency’s Contact Lens Rule

Federal Trade Commission staff has sent 45 letters to contact lens prescribers and 10 to contact lens sellers warning them of potential violations of the agency’s Contact Lens Rule, which is intended to facilitate the ability of consumers to comparison shop for contact lenses while ensuring that sales occur only in accordance with a valid […]

FTC to Host Data Security Conference in Chicago June 15

The Federal Trade Commission will host a one-day conference in Chicago on June 15, 2016, on how companies can secure their products, services, and networks. The event will focus on guidance for startups and other small and medium-sized businesses about how to make security considerations a part of their companies’ culture. FTC Commissioner Maureen Ohlhausen […]

FTC Chairwoman Releases 2015 Annual Highlights

Federal Trade Commission Chairwoman Edith Ramirez released the FTC’s 2015 Annual Highlights today, featuring some of the agency’s key efforts to benefit consumers and promote competition over the past calendar year. “2015 was another busy year for the FTC fighting fraud and deception, as well as promoting competition and consumer choice,” Chairwoman Ramirez said. “In […]

FTC Approves Modification of Final Order Related to Pfizer’s 2009 Acquisition of Wyeth

Following a public comment period, the Federal Trade Commission has approved an application by Pfizer Inc. to modify the FTC’s January 2010 final order, which settled the FTC’s competition concerns arising from Pfizer’s 2009 acquisition of Wyeth. The final order remedied the likely anticompetitive effects of the acquisition in numerous markets for animal health products, […]

FTC Returns Money to Consumers Harmed by Scam That Collected Millions in Phantom Payday Loan Debts

Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Files Comment to CFPB on CID Processes FTC Charges Recidivist Telemarketer for Millions of Illegal Calls Pitching Home Security Systems and Monitoring Services to Consumers FTC to Consumers: You May be Due a Refund for Dietary Supplements FTC Approves Final Order Restoring Competition […]

FTC Returns Money to Consumers Harmed by Mortgage Relief Services Scam

The Federal Trade Commission is mailing 474 checks totaling more than $33,000 to consumers who lost money to a scheme that charged homeowners an up-front fee for mortgage relief services they promised but never provided. In September 2015, a federal court banned Wealth Educators and Veronica Sesma from the debt collection business. Affected consumers will […]

Supplemental Guidance Related to the FDIC Statement of Policy on Applications for Deposit Insurance

FIL-24-2016 April 6, 2016 Supplemental Guidance Related to the FDIC Statement of Policy on Applications for Deposit Insurance Printable Format: FIL-24-2016 – PDF (PDF Help) Summary: The FDIC is issuing guidance in the form of supplemental “Questions and Answers” (Q&As) to aid applicants in developing proposals for deposit insurance. The supplemental Q&As, which address business […]