The Federal Trade Commission today announced its challenge of Sun Pharmaceutical Industries Ltd.’s (Sun) acquisition of Taro Pharmaceutical Industries Ltd. (Taro), alleging that the transaction as proposed would be anticompetitive and would cause U.S. consumers to pay higher prices for three distinct generic formulations of the anticonvulsant drug carbamazepine. Both companies either manufacture the relevant […]
Category Archives: Federal Trade Commission
FTC to Announce Deceptive Marketing Case Against Nationally Known Maker of Natural Health Remedy
WHERE: Federal Trade Commission 600 Pennsylvania Ave., N.W., Room 432Washington, D.C. Reporters unable to attend the event can either call in or view the Webcast. (NOTE: A live webcast will be available on the day of the event. Bookmark and visit this link on August 14 to access the webcast.) Call-in Information: The toll-free phone […]
FTC to Announce Deceptive Marketing Case Against Nationally Known Maker of Natural Health Remedy
WHERE: Federal Trade Commission 600 Pennsylvania Ave., N.W., Room 432Washington, D.C. Reporters unable to attend the event can either call in or view the Webcast. (NOTE: A live webcast will be available on the day of the event. Bookmark and visit this link on August 14 to access the webcast.) Call-in Information: The toll-free phone […]
Oregano Supplement Marketers Agree to Pay $2.5 Million to Settle FTC Charges for False Advertising Claims
The marketers of a line of dietary supplements have agreed to pay $2.5 million to settle Federal Trade Commission charges that claims about their oregano oil and capsules were false and unsubstantiated in violation of federal law. According to the FTC’s complaint, North American Herb & Spice Co., LLC, and its owner, Judy Kay Gray, […]
FTC Approves Modified Final Consent Order in Matter of TALX Corporation
For Your Information August 8, 2008 Commission approval of modified final consent order – Following a public comment period in the matter of TALX Corporation, the Commission has approved the issuance of a modified final consent order and letters replying to those who submitted public comments. The order modifications include the addition of the name […]
FTC Approves Modified Final Consent Order in Matter of TALX Corporation
For Your Information August 8, 2008 Commission approval of modified final consent order – Following a public comment period in the matter of TALX Corporation, the Commission has approved the issuance of a modified final consent order and letters replying to those who submitted public comments. The order modifications include the addition of the name […]
FTC Cautions Consumers About Voter Registration Scams
Have you received an unsolicited e-mail or phone call from someone who claims to represent your local election board or civic group and asks for your Social Security or credit card number to confirm your eligibility or registration to vote? According to the Federal Trade Commission, the nation’s consumer protection agency, scammers may send messages […]
Competition Director Jeffrey Schmidt to Leave FTC
Federal Trade Commission Chairman William E. Kovacic announced today that Jeffrey Schmidt, Director of the Bureau of Competition for the past two-and-a-half years, will leave the FTC, and that David P. Wales, currently a Deputy Director, has been named Acting Director. “Jeff has done superb work for this agency and our nation. He has set […]
Debt Meltdown Program Marketers Settle with FTC; Charged with Failing to Deliver Promised Debt Reduction Services
Four companies and their principals, Robert and Miriam Lovinger, have agreed to settle Federal Trade Commission charges that they deceptively marketed a “debt settlement” program that failed to provide services they claimed would reduce consumers’ debt. In October 2007, the FTC charged Edge Solutions, Inc. of Delaware, Edge Solutions, Inc. of New York, and Money […]
Chief Administrative Law Judge for the FTC to Retire
Federal Trade Commission Chairman William E. Kovacic today announced that Stephen J. McGuire, Chief Administrative Law Judge for the FTC, is retiring after 31 years of public service. Judge McGuire, who was appointed by former FTC Chairman Timothy J. Muris in 2003, will become Vice President for Compliance & Ethics at the University of Louisville […]