After a public comment period, the Federal Trade Commission has approved a final order resolving the Commission’s complaint against Henry Schein Practice Solutions, Inc., alleging the company falsely advertised the level of encryption it provided to protect patient data. The settlement was first announced in January 2016. In its complaint, the FTC alleged that Schein […]
Monthly Archives: May 2016
Marketers of Dietary Supplement Amberen Settle FTC Charges Regarding Misleading Weight-Loss and Menopause Relief Claims
Lunada Biomedical, Inc. and its three principals have settled Federal Trade Commission charges that they deceptively marketed Amberen, a dietary supplement, to women over 40 who are perimenopausal or menopausal, making a range of unsupported claims about its ability to help users lose weight and belly fat, and relieve menopause-related symptoms such as hot flashes […]
Officials from the United States, Canada and Mexico Participate in 2016 Trilateral Meeting in Toronto to Discuss Antitrust Enforcement
The heads of the antitrust agencies of the United States, Canada and Mexico met today in Toronto, Canada, to discuss their ongoing work to ensure effective antitrust enforcement cooperation in our increasingly interconnected markets. The meetings were held among Chairwoman Edith Ramirez of the Federal Trade Commission, Principal Deputy Assistant Attorney General Renata Hesse of […]
After Staples and Office Depot Abandon Proposed Merger FTC Dismisses Case from Administrative Trial Process
Following the decision last week by Staples and Office Depot to abandon their proposed merger, the Federal Trade Commission has dismissed its case challenging the transaction before the Commission’s administrative trial process. In light of those events, FTC Chairwoman Edith Ramirez issued the following statement: “This outcome bodes well for business customers in the market […]
FTC Seeks Comment on Proposed Rule Amendments Related to the E-Warranty Act
The Federal Trade Commission is seeking public comment on proposed amendments to its Disclosure Rule and Pre-Sale Availability Rule to give effect to changes required by the 2015 E-Warranty Act, Pub. L. No. 114-51. As directed by the 1975 Magnuson-Moss Warranty Act (MMWA), 15 U.S.C. § 2302, the FTC developed the Disclosure Rule (16 C.F.R. […]
Statement of FTC Bureau of Consumer Protection Director Jessica Rich Regarding Court of Appeals Decision on Jerk.com
The Director of the Federal Trade Commission’s Bureau of Consumer Protection, Jessica Rich, issued the following statement regarding the U.S. Court of Appeals for the First Circuit ruling upholding a Federal Trade Commission summary decision against John Fanning, the creator of Jerk.com: “This ruling makes it clear that the defendant’s misrepresentations in this case were […]
Marketers of One-on-One ‘Brain Training’ Programs Settle FTC Charges That Claims about Ability to Treat Severe Cognitive Impairments Are Unsupported
The developers and marketers of the LearningRx “brain training” programs have agreed to stop making a range of false and unsubstantiated claims and pay $200,000 under a settlement with the Federal Trade Commission. According to the FTC’s complaint, LearningRx Franchise Corp. and its CEO, Dr. Ken Gibson, deceptively claimed that their programs were clinically proven […]
FTC Adds Defendants, Charges in Ongoing Tech Support Scam Case
The Federal Trade Commission has added three new defendants to an ongoing case against a tech support scam. The scheme allegedly bilked consumers out of tens of millions of dollars by pretending to represent Microsoft, Apple, and other major tech companies. The new defendants in the case, Innovazion Research Private Limited, Abhishek Gagneja, and Rishi […]
Federal Antitrust Agencies Submit Joint Statement Encouraging Puerto Rico to Consider Giving Authority to Optometrists to Prescribe Medications
In response to a request by Puerto Rico Representative Jose L. Báez Rivera, the Federal Trade Commission staff and the Department of Justice’s Antitrust Division have submitted a statement encouraging the Puerto Rico legislature to consider expanding the scope of practice for optometrists. Rep. Báez Rivera asked for the agencies’ views on the possible competitive […]
Interagency Guidance: Deposit-Reconciliation Practices
FIL-35-2016 May 18, 2016 Interagency Guidance: Deposit-Reconciliation Practices Printable Format: FIL-35-2016 – PDF (PDF Help) Summary: The Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (FRB), the Consumer Financial Protection Bureau (CFPB), the National Credit Union Administration (NCUA) and the Office of the Comptroller of the Currency (OCC) (collectively, […]