Commission approval of final consent order – Following a public comment period, the Commission has approved the issuance of a final consent order in the matter of Life is good, Inc., and Life is good Retail (collectively LIG). The vote to approve the final order was 4-0. (FTC File No. 072-3046; the staff contact is […]
Category Archives: Federal Trade Commission
FTC/DOJ Submit Letter to Supreme Court of South Carolina on Proposed Guidelines Regarding the Practice of Law in Real Estate Transactions
The Federal Trade Commission and the Department of Justice have submitted a joint letter to the Supreme Court of South Carolina regarding proposed guidelines related to the practice of law involving real estate transactions. The proposed guidelines would specify several tasks that must be performed by an attorney, including performing all title work, preparing deeds, […]
FTC Submits Testimony to Florida State Senate Regarding Bill That Would Amend States Certificate of Need Laws
At the request of Florida Governor Charlie Crist, the Federal Trade Commission has submitted written testimony on health care competition, Florida’s certificate of need (CON) laws, and Florida Senate Bill 2326 (S.B. 2326) to the Florida Governor and State Senate. S.B. 2326 would eliminate certificate of need requirements for many categories of Florida health care […]
International Competition Network Adopts Recommended Practices to Improve Assessment of Unilateral Conduct and Merger Analysis
At the seventh annual International Competition Network (ICN) conference in Kyoto, Japan, the ICN adopted new Recommended Practices to improve assessment of unilateral conduct and merger analysis, the Federal Trade Commission (FTC) announced today. The Cartel Working Group issued a report stressing the importance of effective cartel settlement systems. The ICN conference, hosted by Japan’s […]
FTC Approves Filing of Staff Comment to the Board of Governors of the Federal Reserve System Regarding Proposed Rule to Restrict Certain Mortgage Practices Under TILA
The Federal Trade Commission has approved the filing of a staff comment to the Board of Governors of the Federal Reserve System regarding the Federal Reserve Board’s proposed rule to restrict certain mortgage practices under the Truth in Lending Act and the Home Ownership Equity Protection Act. In the comment, the FTC staff supports the […]
Appeals Court Affirms Order Requiring Seasilver Defendants to Pay Almost $120 Million in Diet Supplement Case
The U.S. Court of Appeals for the Ninth Circuit has upheld a district court ruling requiring marketers of Seasilver, an alleged phony cure-all, to pay almost $120 million for failing to comply with an earlier order requiring them to pay $3 million in consumer redress. The decision, issued on April 10, 2008, affirmed a district […]
Business Opportunity Marketers Settle with FTC; Tempted Consumers with Sweet-Sounding Claims for Candy Machine Venture
Lifestyle Vending, Inc., and its owners, Michael Eisenberg and Maryann McCulloh, have agreed to settle Federal Trade Commission charges that they misled consumers into paying thousands of dollars for a vending machine business venture without substantiating their claims about its earning potential. This case was brought as part of Project Fal$e Hope$, an FTC-led effort […]
FTC, Tennessee Attorney General to Sponsor Advertising Event in Nashville Green Lights & Red Flags: Rules of the Road for Advertisers and Businesses
A one-day “back to basics” workshop on complying with truth-in-advertising laws will take place in Nashville, Tennessee, on Tuesday, May 13, 2008, by the Federal Trade Commission and the Tennessee Attorney General’s Office. Green Lights & Red Flags: Rules of the Road for Advertisers and Businesses features a roster of national experts discussing the latest […]
Commission Approves Final Consent Order in Matter of Connecticut Chiropractic Association
Commission approval of final consent orders: – Following a public comment period, the Commission has approved the issuance of a final consent order in the matter concerning the Connecticut Chiropractic Association (CCA), the Connecticut Chiropractic Council (CCC), and Robert L. Hirtle (CCA’s legal counsel). The vote to approve the final order was 4-0. (FTC File […]
Federal Court Prohibits Three Defendants from Cramming Unauthorized Charges on Consumers Telephone Bills
Three individuals have agreed to settle Federal Trade Commission charges for their role in a massive scam that billed more than $34 million in unauthorized collect call charges to millions of consumers throughout the country. Yaret Garcia, Erika Riaboukha, and Qaadir Kaid led three companies, collectively known as Nationwide, which billed consumers for nonexistent collect […]