News Releases for February 1996

February 29, 1996

February 28, 1996

February 27, 1996

February 26, 1996

  • FOR RELEASE: FEBRUARY 29, 1996
    FTC Settlement Over Saint-Gobain Acquisition of Carborundum to Remedy Lessening of Competition in Three Markets
    The Federal Trade Commission has negotiated a settlement with the French firm, Compagnie de Saint-Gobain, and its U.S. subsidiary, Saint-Gobain/Norton Industrial Ceramics Corporation, of Worcester, Massachusetts, to resolve charges that the firm's acquisition of The Carborundum Company from the British Petroleum Company likely would lead to monopolies or near-monopolies, and thus raise prices, for three products used in industrial furnaces and home appliances.

February 23, 1996

  • FOR RELEASE: FEBRUARY 23, 1996
    Announced Actions for February 23, 1996
    Commission action regarding petitions: Following public comment periods, the FTC has ruled on petitions from the following entities.

February 22, 1996

  • FOR RELEASE: FEBRUARY 22, 1996
    AMOCO to Settle FTC Charges Over "Crystal Clear" Ad Campaign
    Amoco Oil Company has agreed to settle Federal Trade Commission charges that its "Crystal Clear Amoco Ultimate" advertising campaign included unsubstantiated claims that Amoco premium gasoline, because it is refined more than competitors' brands and is clear in color, delivers superior engine performance and environmental benefits.
  • For Your Information: FEBRUARY 22, 1996
    FTC Today Proposed Amending its Appliance Labeling Rule.
    The Federal Trade Commission today proposed amending its Appliance Labeling Rule to allow appliance manufacturers to place energy use labels required by the Canadian and Mexican governments directly adjoining the Commission's required EnergyGuide label.
  • FOR RELEASE: FEBRUARY 22, 1996
    FTC and FCC Alert Consumers Who May be Unwittingly Leasing Phones
    Agencies say buying a phones may save hundreds or thousands of dollars.

February 20, 1996

February 16, 1996

  • FOR RELEASE: FEBRUARY 16, 1996
    Announced Actions for February 16, 1996
    Consent order given final approval: Following a public comment period, the Commission has determined to issue a consent order against the following company as final, thus making the consent order’s provisions binding on the respondent.

February 15, 1996

February 14, 1996

  • FOR RELEASE: FEBRUARY 14, 1996
    $100,000 Civil Penalty Against Mail Order Seller Reminds Mailers to Monitor Fulfillment Houses
    The Federal Trade Commission has obtained an agreement from American Direct Marketing, Inc. and its president to pay a $100,000 civil penalty as part of a settlement of allegations that they shipped consumer-ordered products late and failed to properly notify consumers of their option to delay or cancel late orders, in violation of the FTC's Mail/Telephone Order Rule. In many instances, the FTC alleged, the refund checks the defendants sent pursuant to the rule bounced.

February 13, 1996

February 12, 1996

February 9, 1996

  • For Your Information: FEBRUARY 9, 1996
    Announced Actions for February 9, 1996
    Commission action regarding petitions to reopen and modify or set aside orders: Following a public comment period, the Commission has responded to a petition from the following entity:
  • FOR RELEASE: FEBRUARY 9, 1996
    FTC Negotiates Settlement with Hughes Over Itek Acquisition
    Settlement to keep price competitive for key component of Air Force anti-missile program
  • FOR RELEASE: FEBRUARY 9, 1996
    FTC Wins $31 Million Judgment in "Wolf" Vending Machine Case
    The Federal Trade Commission has won a $31 million federal district court judgment against Florida-resident Marvin Wolf and 33 other individual and corporate defendants allegedly involved in a huge scheme to sell vending machine business opportunities by using a host of deceptive claims and practices.

February 8, 1996

February 7, 1996

February 6, 1996

February 2, 1996

  • For Your Information: FEBRUARY 2, 1996
    FTC Recinds Hosiery Guides
    The Federal Trade Commission has rescinded its Hosiery Guides, which had provided guidance to industry with regard to the marketing and labeling of stockings, socks and other hosiery products, after concluding that there is no longer a need for special guidance for this industry.
  • For Your Information: FEBRUARY 2, 1996
    Annouced Actions for February 2, 1996
    Commission action regarding petitions to reopen and modify or set aside orders: Following public comment periods, the Commission has responded to petitions from the following entities.
  • FOR RELEASE: FEBRUARY 2, 1996
    Illinois Tool Works Agrees To Settle FTC Antitrust Concerns Stemming from Proposed Acquisition of Hobart Brothers Co.
    Illinois Tool Works, Inc. based in Glenview, Illinois, has agreed to settle Federal Trade Commission charges that its proposed acquisition of Hobart Brothers Company could lead to higher prices for industrial power sources and industrial engine drives, both of which are used to generate power for arc welding systems used in a broad range of industries.

February 1, 1996

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Rev. February 29, 1996


Last Modified: Friday, June 24, 2011