Federal Trade Commission staff submitted written comments supporting a U.S. Department of Veterans Affairs’ (VA) proposed rule that would permit the VA to grant “full practice authority” to the four main categories of Advanced Practice Registered Nurses (APRNs) – Certified Nurse Practitioners (CNPs), Clinical Nurse Specialists, Certified Nurse Midwives and Certified Registered Nurse Anesthetists – […]
Monthly Archives: July 2016
FTC Requires Ahold and Delhaize Group to Sell 81 Stores as a Condition of Merger
Koninklijke Ahold and Delhaize Group, which between them own and operate five well-known U.S. supermarket chains, have agreed to sell 81 stores to settle Federal Trade Commission charges that their proposed $28 billion merger would likely be anticompetitive in 46 local markets in Delaware, Maryland, Massachusetts, New York, Pennsylvania, Virginia, and West Virginia. According to […]
FTC Obtains Summary Judgment Decision Against Medical Discount Card Scammers
A health care scammer and his company, who tricked Spanish-speaking and other consumers seeking health insurance into buying phony medical discount cards, are banned from selling healthcare-related products, and from telemarketing, under court orders obtained by the Federal Trade Commission. The orders resolve FTC charges brought in August 2014 against Gary L. Kieper and Partners […]
FTC Providing $4 Million in Full Refunds to People Tricked into Buying Bogus ‘Extended Auto Warranties’
The Federal Trade Commission is mailing 5,970 refund checks totaling more than $4 million to people who were bombarded with illegal robocalls and tricked into paying thousands of dollars for bogus “extended auto warranties.” The checks, which are being mailed today and provide full refunds, are the result of the FTC’s extensive efforts to collect […]
Technical Assistance Video on Corporate Governance
FIL-46-2016 July 19, 2016 Technical Assistance Video on Corporate Governance Summary: As part of its Community Banking Initiative and Technical Assistance Video Program, the FDIC is announcing the release of an updated video on community bank corporate governance. The video is designed to assist community bank directors and officers in developing a sound corporate […]
FTC Approves Final Order Preserving Competition among Suppliers of Industrial Gases
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that the proposed $13.4 billion merger of American Air Liquide Holdings, Inc. and Airgas, Inc. would likely be anticompetitive. Under the terms of the order, first announced in May 2016, the companies are required to divest assets used to […]
Herbalife Will Restructure Its Multi-level Marketing Operations and Pay $200 Million For Consumer Redress to Settle FTC Charges
Herbalife International of America, Inc., Herbalife International, Inc., and Herbalife, Ltd. have agreed to fully restructure their U.S. business operations and pay $200 million to compensate consumers to settle Federal Trade Commission charges that the companies deceived consumers into believing they could earn substantial money selling diet, nutritional supplement, and personal care products. Page from […]
FTC Action: Abusive Debt Collectors Banned from Collection Business
Two debt collectors and three companies charged with using false threats and other illegal collection tactics are banned from the debt collection business under a settlement with the Federal Trade Commission, which charged them as part of Operation Collection Protection, an ongoing federal-state-local crackdown on collectors that use deceptive and abusive collection practices. In October […]
FTC Approves Final Consent Order Against Ohio Auto Dealers Charged with Deceiving Consumers Regarding Key Lease Terms
Following a public comment period, the Federal Trade Commission has approved a final consent order against Progressive Chevrolet Company and Progressive Motors Inc., of Massillon, Ohio, which the FTC charged with deceiving consumers by using advertising that touted low monthly car lease payments and down payments but failed to disclose other key terms of the […]
FTC Approves Final Order Settling Monopolization Charges Against Supplier of High-Performance Polymer for Medical Implants
Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Invibio, a company that supplies some of the world’s largest medical device makers with a high-performance polymer used to make spinal and other medical implants, used long-term exclusive contracts to illegally maintain its monopoly. In a formal statement […]