The FTC today told the Senate Committee on Commerce, Science & Transportation Subcommittee on Interstate Commerce, Trade and Tourism that it has a robust record in protecting consumers and preserving competition in the marketplace. Speaking for the Commission, Chairman Deborah Platt Majoras said that much of the work of the FTC’s Bureau of Consumer Protection […]
Category Archives: Federal Trade Commission
FTC Warns Mortgage Advertisers and Media That Ads May Be Deceptive
The Federal Trade Commission is warning mortgage brokers and lenders, and media outlets that carry their advertisements for home mortgages, that some of the advertising claims currently appearing in Web sites, newspapers, magazines, direct mail, and unsolicited e-mail and faxes may violate federal law. “Many mortgage advertisers are making potentially deceptive claims about incredibly low […]
Commission Approves Final Consent Orders in Matters of South Carolina State Board of Dentistry and Colegio de Optometras de Puerto Rico
Commission approval of final consent orders: The Commission has approved a final consent order in the matter concerning the South Carolina State Board of Dentistry and approved letters to the commenters of record. The FTC vote approving the final consent order was 5-0. (FTC Docket No. D-9311; the staff contact is Gary H. Schorr, Bureau […]
FTC Urges Adults to Say We Don’t Serve Teens
The motto heard around the country this week will be: “Don’t serve alcohol to teens. It’s unsafe. It’s illegal. It’s irresponsible.” The We Don’t Serve Teens message will be promoted through public service announcements in national newspapers, national and regional magazine ads, over 3000 billboards, more than 1000 radio ads, as well as television ads, […]
Commission Approves Appointment of Compliance Officer in Matter of Rambus Incorporated
FTC approval of appointment of compliance officer in matter of Rambus Inc.: By a vote of 5-0, the Commission has approved an application to appoint a compliance officer in the matter of Rambus Incorporated. In an application submitted on July 11, 2007, Rambus requested the Commission approve Chirag R. Asaravala as its compliance officer. The […]
FTC Challenges Illegal Agreement to Close, Acquire Dialysis Clinics
The Federal Trade Commission today announced a consent order settling charges that two dialysis clinic operators – American Renal Associates, Inc. and Fresenius Medical Care Holdings, Inc. – unlawfully restrained competition in violation of Section 5 of the FTC Act when ARA paid Fresenius to close clinics located near competing ARA clinics in Rhode Island […]
Invention Promotion Swindlers Ordered to Pay $60 Million in Scheme that Defrauded 17,000 Consumers
The operators of an invention promotion business, which a judge called “one grand con game to take money away from consumers,” have been ordered to pay $60 million for violating a 1998 court order. “By changing the name of their company, these individuals thought they could continue to make false promises and take inventors’ money, […]
Commission Approves Issuance of Federal Register Notice Announcing Review of Mail Order Rule
Commission approval of Federal Register notice: The Commission has approved the issuance of a Federal Register notice announcing the start of its decennial review of the FTC’s Mail or Telephone Order Merchandise Rule, 16 CFR Part 435 (Mail Order Rule). As detailed in the notice, the Commission is seeking comment on whether to retain the […]
Telemarketers Pay $505,000 & Forfeit $1,030,000 in Uncashed Checks and Unpaid Invoices
Canadian telemarketers will pay $505,000 to settle Federal Trade Commission charges that they scammed United States businesses into paying for business directories and listings that had never been ordered. In addition, the FTC will return checks worth about $470,000 that were sent to the telemarketers and seized as part of the law enforcement action. Also, […]
FTC Approves Proposed Divestitures by Service Corp. International
Commission approval of proposed divestitures: Following a public comment period, the Commission has approved a petition for divestiture of two funeral homes pursuant to the modifying order issued in In re Service Corporation International (SCI), Docket No. 3869. The modifying order allowed SCI to foreclose on certain funeral home assets but required these assets be […]