The staff of Federal Trade Commission’s Office of Policy Planning, Bureau of Economics, and Bureau of Competition, together with the staff of the Antitrust Division of the Department of Justice, have submitted a letter to California State Assembly Member Jim Wood raising concerns that California Assembly Bill 1541 would harm competition along the chain of […]
Category Archives: Federal Trade Commission
FTC Staff Provides Annual Letter to CFPB On Fair Debt Collection Practices Act Activities
The staff of the Federal Trade Commission has provided the Consumer Financial Protection Bureau (CFPB) with an annual summary of the FTC’s activities enforcing the Fair Debt Collection Practices Act (FDCPA). The FTC shares enforcement responsibility for the FDCPA with the CFPB, which provides an annual report to Congress about debt collection enforcement activities. The […]
FTC Imposes Conditions on Danaher Corporation’s Acquisition of GE Biopharma
Danaher Corporation has agreed to divest assets to settle Federal Trade Commission charges that its proposed $21.4 billion acquisition of General Electric’s biopharmaceutical business, GE Biopharma, would violate federal antitrust law. The FTC alleges that the proposed acquisition would substantially lessen competition in the United States (and potentially the rest of the world) in highly […]
Health Center, Inc. Settles FTC Allegations That It Targeted Older Consumers With Deceptive Claims for Health and Wellness Products
Nevada-based Health Center, Inc. (HCI) and its owner Peggy Pearce agreed to halt their allegedly deceptive advertising claims about three “cure-all” health and wellness products that targeted older consumers nationwide, pursuant to a settlement with the Federal Trade Commission. The stipulated court order settling the FTC’s complaint prohibits the defendants from such deceptive conduct and […]
FTC Outlines Agency’s Response to Coronavirus Challenges
Federal Trade Commission Executive Director David B. Robbins issued the following statement: The FTC is taking a variety of measures to respond to the new and challenging circumstances associated with the COVID-19 coronavirus crisis. Our two main priorities, as always, are: the health and safety of our people, their families, and the entities and individuals […]
Federal Trade Commission Cancels March 18 Workshop on Draft Vertical Merger Guidelines
Federal Trade CommissionHeadquarters:600 Pennsylvania Avenue, NWWashington, DC 20580Contact Us Related posts: FTC Halts Bogus Envelope-Stuffing Scam FTC Issues FY 2015 National Do Not Call Registry Data Book FTC Issues Updated Consumer Information About Funeral Planning Court Rules in Favor of FTC in National Urological Group Case; Orders Marketers of Thermalean, Lipodrene, and Spontane-ES to Pay […]
Premerger Notification Office Implements Temporary e-Filing System
Due to the developing COVID-19 coronavirus pandemic, and consistent with guidance from the Office of Personnel Management, the Premerger Notification Office (PNO) will implement a temporary e-filing system. During this emergency, all filings must be submitted via this system, and all hard copy and DVD submissions will be suspended. Key facts are as follows: The […]
Three Defendants in Student Debt Relief Scheme Banned from Selling Debt Relief and Telemarketing
Three defendants in a student loan debt relief scheme have been banned from telemarketing and selling debt relief, and ordered to pay millions in resolution of Federal Trade Commission allegations that they deceived consumers by promising to reduce or eliminate consumers’ student loan debt. The U.S. District Court for the Central District of California found […]
First Round of Refunds Totaling $153 Million Sent to Consumers As a Result of Multi-Agency Case Against Western Union
Approximately $153 million is being mailed to 109,000 consumers in the first distribution of refunds resulting from the law enforcement actions brought against Western Union by the Federal Trade Commission (FTC), the U.S. Department of Justice (DOJ), and the U.S. Postal Inspection Service. The affected consumers are receiving compensation for 100 percent of their losses. […]
FTC, FDA Send Warning Letters to Seven Companies about Unsupported Claims that Products Can Treat or Prevent Coronavirus
The Federal Trade Commission and U.S. Food and Drug Administration (FDA) have sent warning letters to seven companies allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported claims about their ability to treat coronavirus (COVID-19). The warning letters are the first issued by the agencies alleging unapproved and/or unsupported […]