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Resuming early termination of HSR reviews

Ian Conner, Bureau of Competition
On Friday, March 13, as part of the Bureau’s response to the COVID-19 coronavirus situation, and in partnership with the Antitrust Division of DOJ, we announced that the Bureau’s Premerger Notification Office would adopt a temporary e-filing program for notifications under the Hart-Scott-Rodino Act. Among other changes, this transition involved the temporary suspension of the Bureau’s processing of requests to grant early termination of the Act’s...

FTC Chairman Simons’ statement regarding consumer protection

Lesley Fair
It’s an unprecedented time. But even in the midst of monumental change, the FTC’s commitment to its consumer protection mission remains constant. Here’s a statement from Chairman Simons about the ongoing work of the Bureau of Consumer Protection: “Federal Trade Commission staff in the Bureau of Consumer Protection remain hard at work protecting consumers from deceptive and unfair commercial practices. Despite the difficult circumstances, the FTC...

Seven Coronavirus scams targeting your business

Lesley Fair
We’ve warned consumers about Coronavirus-related scams, but businesses are at risk, too. Keep your guard up against these seven B2B scams that try to exploit companies’ concerns about COVID-19. In addition to sharing this information with your employees and social networks, read on for how you can report Coronavirus scams to the FTC. “Public health” scams Fraudsters are sending messages that claim to be from the Centers for Disease Control and...

Putting the brakes on unproven superiority claims

Lesley Fair
If you say you’re better, you’d better be better – and you’d better have appropriate proof to back up that claim. That’s a takeaway tip for businesses from the FTC’s proposed settlement with Federal-Mogul Motorparts, LLC. Michigan-based Federal-Mogul sells a wide variety of auto parts, including Wagner OE x brake pads – an after-market product bought and usually installed at auto repair shops. Compared to “entry-level” and “mid-range” products...

Will your research be featured at PrivacyCon 2020?

Lesley Fair
Even as we all adjust to day-to-day changes, your work – and the work of the FTC – continues. If you’re a technologist or academic interested in presenting your latest research at the FTC’s PrivacyCon 2020, please let us know by April 10, 2020. Check out the Call for Presentations and respond by the deadline. The FTC’s fifth annual PrivacyCon is currently set for July 21, 2020. We’ll be announcing more about logistics as the date draws near, but...

FTC takes on unproven health claims and “own-dorsements”

Lesley Fair
It’s a disturbing trend. Companies are targeting older consumers, claiming to have easy answers for serious diseases for which there may not be a proven cure. That’s one allegation in the FTC’s action against Nevada-based telemarketer Health Center, Inc. Another count challenges what we call “own-dorsements.” According to Health Center’s telemarketing scripts, websites, social media, and testimonials from supposedly satisfied customers, the...

Changes in Bureau procedure during COVID-19 coronavirus pandemic

Ian Conner, Bureau of Competition
Like many other agencies, organizations, and employers across the country, we in the Bureau of Competition are adjusting to the realities of working during the COVID-19 coronavirus crisis. As part of that adjustment, we are taking a variety of measures to respond to these new and challenging circumstances. Our two main priorities will continue to be: first, the health and well-being of our personnel, their families, and parties and organizations...

Signed, sealed, delivered: Shipping basics for your business

Lesley Fair
If your business sells online, the price of the product is only one comparative calculation that consumers consider. Shipping matters, too. Does your business deliver to their location? How much will it cost? When will they get their stuff? Here are some practical principles to apply – and some myths to bust – about shipping products to customers from sea to shining sea. Keep your packaging opaque, but your policies transparent. The easiest way...

CROA case shows why piggybacking isn’t the answer for consumers shouldering bad credit

Lesley Fair
The practice is called piggybacking, but it’s not child’s play. It’s where a person with iffy credit pays a credit repair company to be listed as an authorized user on the account of someone with good credit – even though they don’t actually have access. The idea is that the person with bad credit can inflate their own credit score and get the money-saving benefits of better credit by “piggybacking” on the credit of a stranger. That’s how a...

FTC, FDA warn companies making Coronavirus claims

Lesley Fair
When public health concerns hit the headlines, some companies rush to the market with products advertised to prevent or treat the problem. We’re seeing the same thing with the Coronavirus. But do those businesses have proof for their advertising claims, as the FTC requires? And have their products been approved, cleared, or authorized by the FDA? The FTC and FDA just sent warning letters to seven companies raising concerns about their Coronavirus...