FTC Charges Fake Prize Scheme Operators With Fraud

The Federal Trade Commission has charged the operators of a fake prize scheme with mailing phony prize notifications that tricked people into thinking they had won $1 million or more if they paid a $25 fee to collect the prize. Those who paid received nothing. “These defendants relied on a shady international mail network to […]

FTC Action: Court Bans Mortgage Relief Scammers from Debt Relief Business

The operators of an alleged mortgage relief scam that preyed upon distressed homeowners are banned from the mortgage loan modification and debt relief business under a court order obtained by the Federal Trade Commission. The order stems from a case the FTC brought in July 2014 against five defendants as part of a federal-state law […]

FTC Action: International Scammers Banned from Business Directory Business

In an action brought by the Federal Trade Commission in 2013, a federal court has banned a Slovakia-based company and two of its executives from the business directory business, ending a scam that for years took millions of dollars from small businesses and non-profits in the United States and other countries. A default judgment entered […]

FTC Announces Agenda for Oct. 13 Fall Tech Series Forum on Drones

The Federal Trade Commission announced the agenda for its Oct. 13 event examining how the growing use of unmanned aerial drones may impact consumer privacy. With businesses using drones for everything from product deliveries to photography, the event will look at the potential risks and benefits to consumers. FTC Commissioner Maureen K. Ohlhausen will provide […]

FTC Approves Final Order Preserving Competition in Markets for 79 Pharmaceutical Products

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Teva Pharmaceutical Industries Ltd.’s $40.5 billion acquisition of Allergan plc’s generic pharmaceutical business would be anticompetitive. Under the order, first announced in July 2016, Teva is required to divest the rights and assets related to 79 pharmaceutical products […]

FTC Staff Perspective Recaps Lead Generation Workshop

A new paper by the Federal Trade Commission’s Bureau of Consumer Protection provides a look at the information covered at the FTC’s October 2015 workshop on online lead generation, “Follow The Lead.” The Staff Perspective recounts important themes arising out of the discussion by panelists at the full-day workshop. It discusses the mechanics of lead […]

FDIC Announces a New Resource for Community Banks: Affordable Mortgage Lending Guide, Part I, and the Affordable Mortgage Lending Center

FIL-60-2016 September 15, 2016 FDIC Announces a New Resource for Community Banks: Affordable Mortgage Lending Guide, Part I, and the Affordable Mortgage Lending Center Printable Format: FIL-60-2016 – PDF (PDF Help) Summary: The Affordable Mortgage Lending Guide, Part I (Guide), available today, organizes information about single-family mortgage products from federal agencies and government sponsored enterprises […]

How To Participate in the FTC’s “Putting Disclosures to the Test” Workshop

The Federal Trade Commission’s workshop “Putting Disclosures to the Test” is taking place tomorrow, Sept. 15, 2016, in Washington. The workshop will feature research on the effectiveness of disclosures made to consumers in a variety of areas from advertising to privacy policies. FTC Chairwoman Edith Ramirez will provide opening remarks. The full event agenda and […]

Amicus Brief Filed by FTC and DOJ Urges Appeals Court to Dismiss Appeal by Texas Medical Board in Antitrust Lawsuit

On September 9, 2016, the Federal Trade Commission and Department of Justice filed a joint amicus brief urging the U.S. Court of Appeals for the Fifth Circuit to dismiss an appeal by the Texas Medical Board of a district court decision holding that Board regulations restricting telehealth services may be challenged under federal antitrust laws. […]

FTC Announces Second Federal Register Notice on Proposed Study of Consumers’ Experiences Buying and Financing Automobiles from Auto Dealers

The Federal Trade Commission announced today that it is issuing a second Federal Register Notice (FRN) on a proposed qualitative survey of consumers to learn about their experiences in buying and financing automobiles at dealerships, and is seeking clearance from the Office of Management and Budget to conduct the study. The second FRN also calls […]