Press Releases 2002

The promoter of a day-trading system who allegedly used unsubstantiated earnings claims and misleading testimonials to sell his trading system to prospective day traders has agreed to settle Federal...

The Commission, with the concurrence of the U.S. Assistant Attorney General for Antitrust, has authorized the release of The Twenty-Fourth Annual Report to Congress Regarding the Hart-Scott-Rodino...

Addressing concerns that Shell Oil Company's (Shell) proposed $1.8 billion acquisition of Pennzoil-Quaker State Company (Pennzoil) would lead to reduced competition and higher prices in the U.S. and...

Federal Trade Commissioner Orson Swindle today launched the FTC's new Internet security initiative at the Privacy2002 Conference in Cleveland, Ohio. The Commissioner detailed a "culture of security,"...

The Federal Trade Commission today told the House Committee on Energy and Commerce that it will hold a public workshop on October 8-10 to examine whether certain state laws and business arrangements...

FTC Introduces Internet Safety Mascot, "Dewie the Turtle," at Privacy2002 Conference Commissioner Orson Swindle of the Federal Trade Commission today unveiled an Internet safety and security...

What: Federal Trade Commission Testimony before House Committee on Energy and Commerce, Subcommittee on Commerce, Trade, and Consumer Protection hearing on "State Impediments to E-Commerce: Consumer...

At a three-day meeting being held in Sydney, Australia, the Federal Trade Commission and members of the International Marketing Supervision Network (IMSN) announced two initiatives to combat cross...

Petition for approval of proposed agreement: The Commission has received a petition for approval of a proposed agreement from ConocoPhillips concerning the recent merger of Conoco Inc. and Phillips...

What: The FTC will unveil its initiative to promote a “Culture of Security” and introduce “Dewie,” its Internet security mascot at the Privacy2002 conference. Who: Federal Trade Commissioner, Orson...

The Federal Trade Commission and the Department of Defense today announced the launch of Military Sentinel, the first online consumer complaint database specifically tailored to the unique needs of...

What: Press conference to launch "Military Sentinel," a new consumer complaint database for the military community. Where Pentagon Briefing Room Who: Federal Trade Commission Chairman , Timothy J...

Timothy J. Muris, Chairman of the Federal Trade Commission, will participate in the first annual International Competition Network Conference in Naples, Italy on September 28-29, 2002. The conference...

The Commission has received an application for a proposed divestiture from ConocoPhillips concerning the recent merger of Conoco Inc. and Phillips Petroleum Company. Under the terms of the consent...

In response to a request for public comment by the U.S. Food and Drug Administration (FDA), on September 13, 2002 the FTC staff filed a comment concluding that "in executing our mission, we have found...

Providing Federal Trade Commission testimony today before the U.S. Senate Judiciary Committee's Subcommittee on Antitrust, Competition, and Business and Consumer Rights, Chairman Timothy J. Muris said...

In the largest consumer protection settlement in FTC history, Citigroup Inc. will pay $215 million to resolve Federal Trade Commission charges that Associates First Capital Corporation and Associates...

What: Philadelphia Town Hall Meeting to raise awareness about the importance of Internet security and to receive feedback about the Administration’s National Strategy to Secure Cyberspace from...

The Federal Trade Commission today announced the availability of a Spanish version of its consumer complaint form. Spanish-speaking consumers can use the form to submit fraud complaints to the FTC by...

A Nevada corporation and its principal whose advertisements and telemarketers promised consumers that they could make big bucks through a work-at-home medical billing opportunity have agreed to settle...