FTC Requires Divestitures as Condition to Proposed $13.53 Billion Deal between German Pharmaceutical Boehringer Ingelheim and Paris-based Sanofi

German pharmaceutical company Boehringer Ingelheim has agreed to divest five types of animal health products in the United States in order to settle FTC charges that its proposed asset swap with Paris-based Sanofi would likely be anticompetitive. Under the proposed swap, Boehringer Ingelheim will acquire Sanofi’s animal care subsidiary, Merial, valued at $13.53 billion, and […]

FTC Puts Conditions on Abbott Laboratories’ proposed $25 billion Acquisition of Rival Medical Device Maker St. Jude Medical, Inc.

U.S.-based global healthcare company Abbott Laboratories has agreed to divest two medical device businesses to settle FTC charges that its proposed $25 billion acquisition of St. Jude Medical, Inc. would likely be anticompetitive. The FTC’s complaint alleges that without a remedy, the proposed acquisition would harm competition in the U.S. markets for vascular closure devices, […]

Telemarketing Defendants Charged by FTC in Tech Support Scheme Will Pay $10 Million for Consumer Redress

The defendants who operated a Florida-based tech support scheme that the Federal Trade Commission and State of Florida charged deceived thousands of consumers, will pay $10 million for consumer redress to settle the action. According to the complaint, defendant Inbound Call Experts, doing business as Advanced Tech Support along with other defendants, used high-pressure sales […]

FTC Action Halts Timeshare Resale Scheme

The Federal Trade Commission has charged the operators of a timeshare reselling scheme with bilking at least $15 million dollars from timeshare property owners by imposing hefty up-front fees based on false promises that they would sell or rent their properties. At the FTC’s request, a federal court temporarily halted the operation and froze the […]

FDIC Seeking Comment on a Publication Entitled Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions

FIL-81-2016 December 22, 2016 FDIC Seeking Comment on a Publication Entitled Applying for Deposit Insurance – A Handbook for Organizers of De Novo Institutions Printable Format: FIL-81-2016 – PDF (PDF Help) Summary: The FDIC is seeking comment on a handbook developed to facilitate the process of establishing new banks.  Applying for Deposit Insurance – A […]

FTC Staff Supports Proposal for Flexible Physician Supervision of Physician Assistants in Iowa

Federal Trade Commission staff has submitted a comment to the Iowa Board of Physician Assistants supporting a regulatory proposal to define physician supervision of a physician assistant (PA), in response to a Board request for public comments. The comment, submitted by staff of the FTC’s Office of Policy Planning and the Bureaus of Economics and […]

FTC Approves American Air Liquide Holdings, Inc.’s Application to Divest Assets to Reliant Holdings, Ltd.

Following a public comment period, the Federal Trade Commission has approved an application from American Air Liquide Holdings, Inc. to sell to Reliant Holdings, Ltd. certain assets related to production of bulk liquid carbon dioxide and dry ice at facilities in Galva, and Sergeant Bluff, Iowa. The divestiture is required by the FTC’s July 2016 […]

Digital Advertising Company Settles FTC Charges It Deceptively Tracked Consumers Both Online and Through Their Mobile Devices

Turn Inc., a Redwood City, California company that enables sellers to target digital advertisements to consumers, has agreed to settle Federal Trade Commission charges that it deceived consumers by tracking them online and through their mobile applications, even after consumers took steps to opt out of such tracking. “Turn tracked millions of consumers online and […]

Statement of FTC Chairwoman Edith Ramirez Regarding The Volkswagen 3.0 Liter Emissions Litigation

Federal Trade Commission Chairwoman Edith Ramirez issued the following statement regarding today’s announcement by U.S. District Judge Charles Breyer of a nearly completed agreement resolving the EPA’s Clean Air Act claims, and nearly complete agreements concerning consumer injury claims. “We are pleased to be moving forward on an agreement in principle to compensate consumers who […]

FTC Announces Agenda for PrivacyCon 2017

The Federal Trade Commission today announced the agenda for its second PrivacyCon, a public forum that will continue and expand collaboration among leaders from academia, research, consumer advocacy, and industry on the privacy and security implications of emerging technologies. PrivacyCon 2017 will take place in Washington, D.C. on Jan. 12, 2017 and include opening remarks […]