FTC Approves Final Order Settling Charges that Bosley, Inc., Illegally Exchanged Competitively Sensitive Business Information With Hair Club

Following a public comment period, the Federal Trade Commission has approved a final order settling charges that Bosley, Inc., illegally exchanged competitively sensitive, nonpublic information about its business practices with one of its competitors, HC (USA), Inc., commonly known as Hair Club. Bosley is a wholly owned subsidiary of Aderans America Holdings, Inc.  In settling the FTC’s charges, Bosley has agreed not to communicate such information in the future, and will institute an antitrust compliance program.

The Commission vote approving the final settlement order was 3-0, with Commissioner Joshua Wright recused.  The order can be found on the FTC’s website and as a link to this press release. (FTC File No. 121 0184, Docket No. 1564624; the staff contact is Justin Stewart-Teitelbaum, Bureau of Competition, 202-326-3597.)

The FTC’s Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action.  To inform the Bureau about particular business practices, call 202-326-3300, send an e-mail to antitrust{at}ftc{dot}gov, or write to the Office of Policy and Coordination, Bureau of Competition, Federal Trade Commission, 601 New Jersey Ave., N.W., Room 7117, Washington, DC 20001.  To learn more about the Bureau of Competition, read Competition Counts.  Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.