Federal Trade Commission Acting Chairman Maureen K. Ohlhausen released a summary of the agency’s major accomplishments since President Trump named her to the position in January. “I have pursued my long-held principles by promoting economic liberty, protecting consumers (including the military community and small business) and competition, reforming regulation, and increasing agency transparency,” the Acting […]
Monthly Archives: July 2017
Stick with Security: FTC to Provide Additional Insights on Reasonable Data Security Practices
As part of its ongoing efforts to help businesses ensure they are taking reasonable steps to protect and secure consumer data, the Federal Trade Commission is publishing a series of blog posts using hypothetical examples based on lessons from closed investigations, FTC law enforcement actions, and questions from businesses. These new posts will build on […]
FTC Returns Money to Vacation Prize Scheme Victims
The Federal Trade Commission is mailing 53,240 checks totaling more than $532,000 to people who paid VGC Corp of America for expensive vacation packages they never received. According to the FTC’s complaint, the company advertised a vacation package worth thousands of dollars as a prize to people who called and answered a trivia question. Callers […]
FTC Acting Chairman Ohlhausen Selects D. Bruce Hoffman as Acting Director of the Agency’s Bureau of Competition
Federal Trade Commission Acting Chairman Maureen K. Ohlhausen announced today that she has selected D. Bruce Hoffman, a partner at the law firm of Shearman & Sterling LLP, to be the Acting Director of the FTC’s Bureau of Competition, effective August 7, 2017. “Bruce brings tremendous qualifications to his new role as Acting Director of […]
FTC to Host Cybersecurity Roundtables with Small Businesses
The Federal Trade Commission is hosting small business owners in a series of public roundtables across the United States to discuss the most pressing challenges small businesses face in protecting the security of their computers and networks. The Engage, Connect, and Protect Initiative: Small Business and Data Security Roundtables are part of an ongoing initiative […]
FTC Requires Baxter International and Claris Lifesciences to Divest 2 Types of Pharmaceutical Products as Condition of Baxter Acquiring Injectable Drugs Business from Claris
Baxter International Inc. and Claris Lifesciences Limited have agreed to divest two types of pharmaceutical products to settle Federal Trade Commission charges that Baxter’s proposed $625 million acquisition of Claris’ injectable drugs business is anticompetitive. According to a complaint filed by the FTC, the acquisition as proposed is likely to: reduce current competition in the […]
Appraisal Threshold for Commercial Real Estate Transactions
FIL-29-2017 July 19, 2017 Appraisal Threshold for Commercial Real Estate Transactions Summary: The FDIC, the Board of Governors of the Federal Reserve System, and the Office of the Comptroller of the Currency (the Agencies) are jointly issuing a notice of proposed rulemaking titled Real Estate Appraisals (Appraisal NPR) that will be published in the […]
FTC to Coordinate with and Provide Resources for Military Community at Financial Workshop
WHAT: The Federal Trade Commission (FTC) will hold a workshop on July 19, 2017 in San Antonio, Texas, to examine financial issues and scams that can affect military consumers, including active duty servicemembers in all branches and veterans. WHEN: Wednesday, July 19, 8:30 am – 4:00 pm CDT WHERE: Trinity UniversityChapman AuditoriumSan Antonio, Texas 78212 […]
Acting FTC Chairman Ohlhausen Announces Departure of Economics Bureau Director Ginger Zhe Jin, Appointment of Michael G. Vita as Acting Bureau Director
Acting Federal Trade Commission Chairman Maureen K. Ohlhausen announced that FTC Bureau of Economics Director Ginger Zhe Jin is departing the agency to return to the University of Maryland and has named Michael G. Vita Acting Director of the Bureau. “Ginger was an outstanding Bureau Director, bringing sound economic reasoning and advice on a host […]
FTC Approves Final Consent Order Stopping False Advertising, Phony Reviews by Online Trampoline Sellers
Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Sending Out Refunds in Cramming Case FTC to Host Public Roundtable to Review Whether Technology Changes Warrant Changes to the Children’s Online Privacy Protection Rule FTC Provides U.S. House with Overview of Recent Antitrust Activities Commission Approves Appointment of Compliance Officer in Matter […]