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Unpacking Divestiture Packages

Angelike Andrinopoulos Mina, Bureau of Competition
Crafting effective merger remedies is one of the Commission’s most important tasks. Done well, a divestiture prevents the competitive harm likely to result from a proposed merger and ensures that competition remains as robust as it was premerger. Once Bureau staff has identified the likely harm from a proposed or consummated merger and the parties express interest in avoiding litigation by agreeing to a settlement, our attention quickly turns to...

PrivacyCon’s All-Star line-up

Lesley Fair
I n just a few years, the FTC’s PrivacyCon has become an Information All-Star Game, complete with panels as high-flying or power-hitting as the Slam Dunk Contest or Home Run Derby. (OK. High-flying and power-hitting if you’re a researcher, academic, or advocate interested in data security and consumer privacy.) The FTC just announced the agenda for the fourth annual PrivacyCon on June 27, 2019. Consult your calendar and save the date. FTC...

Data security settlement with service provider includes updated order provisions

Lesley Fair
The domino principle. The ripple effect. The butterfly phenomenon. Apply the analogy of your choice to describe what happens when one software developer ’s allegedly lax security practices result in the breach of confidential customer information maintained by multiple businesses that use the software. If your business is a service provider – or if your company uses third-party service providers to help manage your data – a proposed FTC...

FTC-FDA warning letters: Influential to influencers and marketers

Lesley Fair
The FTC and FDA just sent warning letters to four sellers of e-liquids, the nicotine-laced liquid used in vaping. But even if you don’t have clients in that industry, keep reading. The letters have a lot to say about social media marketing and influencers, regardless of the products they pitch. What kind of ads do the warning letters address? That’s where it gets interesting. The FDA and FTC sent the letters to companies whose flavored e-liquids...

Two on the aisle for FTC’s “That’s the Ticket” workshop

Lesley Fair
Humphrey Bogart said it in “The African Queen” and it was a catchphrase popularized by Jon Lovitz on “Saturday Night Live.” But to the FTC, That’s the Ticket is the name of a June 11, 2019, workshop to explore consumer protection issues related to online ticket sales – and the agenda is out now. Consumers who try to buy tickets online to a concert, theatrical performance, or sporting event have often expressed frustration with the process. That’s...

Consumer gag clauses: Totally not awesome under CRFA

Lesley Fair
Moon Unit Zappa’s 1982 song “Valley Girl” popularized the phrase “gag me with a spoon.” We doubt the lyric “gag me with a form contract clause” would have been a hit, but it’s among the tactics expressly outlawed by the Consumer Review Fairness Act. As two proposed settlements demonstrate, the FTC thinks gag clauses and similar non-disparagement provisions that violate the CRFA are – to quote Ms. Zappa – grody to the max. People using a popular...

Help prepare your workforce for a weather emergency

Lesley Fair
June 1st marks the start of hurricane season, but weather emergencies can happen anytime. The FTC encourages businesses to have a plan in place to safeguard your facilities, products, and data. And we’ve just introduced new resources aimed at helping you protect your workforce. Like your business, your employees need to prepare for extreme conditions – a task best undertaken when skies are sunny. Helping them formulate a personal plan can save...

Then, now, and down the road: Trends in pharmaceutical patent settlements after FTC v. Actavis

Jamie Towey and Brad Albert, Bureau of Competition
Last week, Bureau of Competition staff published a report on filings received in fiscal year (FY) 2016 under the Medicare Prescription Drug, Improvement, and Modernization Act of 2003 (MMA) , the thirteenth such report since the MMA took effect in 2004. These reports identify the frequency of pharmaceutical patent settlements and specific types of provisions that appear in such settlements. Comparing the data in these reports with developments in...

FinTech finds a home in the FTC Business Center

Lesley Fair
The term “FinTech” covers a lot of topics central to the FTC’s consumer protection mission – lending, payment systems, data security, privacy, and truth in advertising, to name just a few. So where can businesses go for resources on how established consumer protection standards apply in this emerging marketplace? FinTech-related materials have a new home in the Business Center: a dedicated FinTech page . If FinTech matters to your company or your...

Extension mention: New deadline for Safeguards Rule comments

Lesley Fair
Racing to finish your comment about proposed changes to the Safeguards Rule by the impending deadline? You can take a breather because the FTC has extended the deadline by 60 days. The Safeguards Rule requires financial institutions to develop, implement, and maintain a comprehensive information security program. As part of its ongoing review of rules and guides, the FTC proposed changes to the Rule in March 2019 and asked for your feedback. At...