The Federal Trade Commission has closed its investigation into the proposed merger of Aveanna Healthcare and Maxim Healthcare. “Staff of the Bureau of Competition and Bureau of Economics have investigated the proposed transaction for several months, including its potential effects in multiple localities across the country on markets both for nursing services and for private […]
Category Archives: Federal Trade Commission
FTC Finalizes Settlements with Four Companies Related to Privacy Shield Allegations
The Federal Trade Commission has finalized settlements with four companies over allegations they made false claims in connection with the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States. In separate actions, the Commission alleged that Click Labs, Inc. and Incentive Services, Inc. falsely claimed to […]
FTC Announces Annual Update of Size of Transaction Thresholds for Premerger Notification Filings and Interlocking Directorates
For 2020, the size-of-transaction threshold for reporting proposed mergers and acquisitions under Section 7A of the Clayton Act will adjust from $90 million to $94 million. Also, the 2020 thresholds under Section 8 of the Act that trigger prohibitions on certain interlocking memberships on corporate boards of directors are $38,204,000 for Section 8(a)(l ) and […]
Background Check Services Provider Agrees to Settle FTC Allegations that it Falsely Claimed Participation in the EU-U.S. Privacy Shield
A company that provides security and investigative services, including background check services, has agreed to settle Federal Trade Commission allegations that the firm misrepresented its participation in and compliance with the EU-U.S. Privacy Shield framework, which enables companies to transfer consumer data legally from European Union countries to the United States. In a complaint, the FTC […]
FTC Marks Tax Identity Theft Awareness Week February 3-7, 2020
The Federal Trade Commission will mark Tax Identity Theft Awareness Week, February 3-7, 2020, by co-hosting a series of free events highlighting the warning signs of tax identity theft and government imposter scams, ways consumers can protect themselves, and what to do if a consumer is a victim of tax identity theft. Tax identity theft […]
FTC Extends Deadline for Comments on Workshop Addressing Non-Compete Clauses in Employment Contracts
Following a recent public workshop on non-compete clauses in employer-employee contracts, the Federal Trade Commission has extended the deadline for public comments from Feb. 10, 2020 to March 11, 2020. The workshop considered whether there is a sufficient legal basis and empirical economic support to promulgate a Commission Rule that would restrict the use of […]
FTC and NY Attorney General Charge Vyera Pharmaceuticals, Martin Shkreli, and Other Defendants with Anticompetitive Scheme to Protect a List-Price Increase of More Than 4,000 Percent for Life-Saving Drug Daraprim
The Federal Trade Commission has filed a complaint in federal court against Vyera Pharmaceuticals, LLC, alleging an elaborate anticompetitive scheme to preserve a monopoly for the life-saving drug, Daraprim. Daraprim is the gold standard treatment for a rare, potentially fatal parasitic infection known as toxoplasmosis. In most people, toxoplasmosis is easily contained by the immune […]
FTC to Host Workshop Voice Cloning Technologies on Jan. 28
WHAT: The Federal Trade Commission will host a workshop to examine voice cloning technologies. WHEN: Tuesday, January 28, 12:30 p.m.-5:00 p.m. ET. WHERE: Constitution Center400 Seventh St., SWWashington, D.C. 20024 WHO: The event will feature remarks by FTC Commissioner Rohit Chopra as well as industry officials, academics, and others. WEBCAST: The workshop will be webcast. […]
New FTC Data Shows that the FTC Received Nearly 1.7 Million Fraud Reports, and FTC Lawsuits Returned $232 Million to Consumers in 2019
New data released by the Federal Trade Commission shows that FTC actions led to more than $232 million in refunds to consumers across the country in 2019. A core part of the FTC’s mission is to return money to consumers who are harmed by illegal business practices. Over the last four years, consumers have cashed […]
FTC Seeks Public Comment on Par Petroleum Corp.’s Application to Modify Agreement to Store Petroleum Products at Barbers Point Terminal in Hawaii
The Federal Trade Commission is currently accepting public comments on an application by Par Petroleum Corp. to modify the Amended Honolulu Terminal Agreement. Prior approval of the modification to the agreement is required under the FTC’s May 15, 2015 final order settling charges that Par’s $107 million acquisition of Koko’oha Investments, Inc.’s wholly-owned subsidiary Mid Pac […]