A federal judge has banned a group of debt collectors who pretended to be affiliated with the government from the collection business and ordered them to pay nearly $11 million, after granting the Federal Trade Commission’s request for summary judgment. The action is part of Operation Collection Protection, a continuing nationwide crackdown on collectors whose […]
Monthly Archives: October 2016
FTC Approves Modified Final Order Preserving Competition among Supermarkets in Seven States
Following a public comment period, the Federal Trade Commission has approved a modified final order settling charges that the $28 billion merger of Koninklijke Ahold and Delhaize Group, which together own five well-known U.S. grocery store chains, would likely be anticompetitive. Under the proposed order, first announced in July 2016, the companies are required to […]
Statement from Federal Trade Commission’s Bureau of Competition Director on Appeals Court Decision to Remand Advocate/North Shore Hospital Merger Case to District Court for Further Action
Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Seeks Public Comment on Fresenius Medical Care AG’s Application for Approval of Proposed Plan to Establish New Outpatient Hemodialysis Clinic After Two Chicago-area Hospital Systems Abandon Proposed Merger, FTC Dismisses Case from Administrative Trial Process Statement of the FTC Chairman Regarding Announcement that […]
FTC Action Halts Telemarketing Scheme That Pitched Money-Making Opportunities and Grants
The Federal Trade Commission has charged three individuals and five companies they control with bilking money from seniors, veterans, and debt-laden consumers by selling them a worthless money-making opportunity purportedly linked to Amazon.com, and luring them with a phony grants program. At the FTC’s request, a federal court has temporarily halted the operation. The agency […]
Investment Firm Founder Fayez Sarofim to Pay $720,000 to Settle FTC Charges For Violation of U.S. Premerger Notification Requirements
Investment firm founder Fayez Sarofim has agreed to pay $720,000 in civil penalties to resolve Federal Trade Commission allegations that he violated the Hart-Scott-Rodino Act by failing to report stock purchases from several issuers between 2001 and 2012. Under the Hart-Scott-Rodino Act, companies and individuals must notify the FTC and the Department of Justice of […]
FTC Files Joint Amicus Brief with U.S. Department of Justice in Supreme Court Cases Involving Visa and MasterCard
The Federal Trade Commission has joined the U.S. Department of Justice’s Antitrust Division in an amicus brief filed by the Solicitor General in the cases of Visa Inc., et al. v. Osborn and Visa Inc., et al. v. Stoumbos, Nos. 15-961 and 15-962, pending before the U.S. Supreme Court. The amicus brief urges the Court […]
FTC Announces Second Federal Register Notice on Proposed Orders Requiring Electronic Cigarette Marketers to Produce Information about Sales and Marketing Expenditures
The Federal Trade Commission today announced that it is issuing a second Federal Register notice on proposed compulsory process orders to marketers of electronic cigarettes to provide information about their sales and marketing expenditures, and is seeking clearance from the Office of Management and Budget to issue the orders. The FTC plans to use the […]
FTC Chairwoman Edith Ramirez Statement on the Federal Communications Commission’s Approval of New Broadband Consumer Privacy Rules
Federal Trade Commission Chairwoman Edith Ramirez has issued the enclosed statement following the approval of new broadband consumer privacy rules by the Federal Communications Commission today: “I am pleased that the Federal Communications Commission has adopted rules that will protect the privacy of millions of broadband users. The rules will provide robust privacy protections, including […]
What to Do When You Suspect a Data Breach: FTC Issues Video and Guide for Businesses
If your business has experienced a data breach, you are probably wondering what to do next. The Federal Trade Commission’s new Data Breach Response: A Guide for Business, an accompanying video and business blog can help you figure out what steps to take and whom to contact. Among the key steps are securing physical areas, […]
Federal Judge Approves FTC Order for Owners of Certain Volkswagen and Audi “Clean” Diesels to Receive Compensation
A federal district court judge in San Francisco today signed a $10 billion settlement order, starting the formal process for owners of certain Volkswagen and Audi 2.0 liter diesel cars to receive compensation for the vehicles they bought. Under the $10 billion Federal Trade Commission order, in most cases the owners of VW and Audi […]