FTC Halts Bogus Businesses;
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Three businesses that used the allure of the Internet and hi-tech products to peddle fraudulent business opportunity and pyramid scams have been charged by the Federal Trade Commission with violating...
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FTC Will Seek To Block Mergers of Nation's Four Largest Drug Wholesalers into Two Companies
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The Federal Trade Commission said today it will seek federal district court orders to prevent the proposed mergers of the nation's four largest drug wholesalers into two firms. According to the agency...
Any Effort to Restrict Tobacco Advertising to Young People Must Be Sufficiently Broad to be Effective, FTC Chairman Tells Senate Commerce Committee
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Federal Trade Commission Chairman Robert Pitofsky testified today before the Senate Commerce Committee and presented Commission testimony that addresses advertising, marketing and antitrust issues in...
Federal Trade Commission Announces Amendments to "Fast-Track" Procedure
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The Federal Trade Commission today published in the Federal Register final rule amendments to Rule 3.11A, which allows for expedited treatment of certain administrative adjudications before the agency...
Announced Actions for February 27, 1998
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Consent agreements given final approval: Following a public comment period, the Commission has made final consent agreements with the following entities. The Commission action makes the consent orders...
FTC Staff To Survey Consumer Privacy on the Internet
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Beginning in March, the Federal Trade Commission staff will survey 1,200 commercial Web sites to determine the extent to which these sites, including sites directed to children, are disclosing how...
FTC Announces Results of Compliance Testing of Over 300 Funeral Homes
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During the second year of the Funeral Rule Offenders Program (FROP), the FTC and state Attorneys General have test-shopped over 300 funeral homes nationwide and found that over 85 percent of the homes...
FTC Settlement Would Preserve Competition in U.S. Market for Heart-Attack Treatments and Drug Abuse Testing Reagents
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A proposed settlement of Federal Trade Commission antitrust concerns stemming from Roche Holding Ltd.'s (Roche) proposed acquisition of Corange Limited (Corange) would preserve competition in the U.S...
RiteAid To Pay $900,000 in Civil Penalties for Failure To Divest Three Drug Stores in Maine and New Hampshire as Required under FTC Agreement
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Rite Aid Corporation has agreed to pay $900,000 in civil penalties for failing to divest three drug stores in Maine and New Hampshire as required by a 1994 order issued by the Federal Trade Commission...
Stone Container Settles FTC Charges
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The world's leading manufacturer of linerboard, a corrugated box component, has agreed to settle Federal Trade Commission charges that it attempted to orchestrate an industry-wide price increase, in...
FTC "Project Scofflaw" Defendant Sentenced: Ronald Dante Receives 67-month Prison Term
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On February 23, 1998, U.S. District Judge Audrey B. Collins in Los Angeles, California, sentenced Ronald Dante, a defendant in a case stemming from the Federal Trade Commission's "Project Scofflaw,"...
Lawyers Title Corporation Agrees To Divest 12 "Title Plants" To Settle FTC Charges that Merger Would Reduce Competition
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The Federal Trade Commission today announced that it was publishing for public comment a proposed consent order with Lawyers Title Corporation (LTC) that would require the company to divest title...
Announced Action(s) for February 24, 1998
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Consent agreements given final approval: Following a public comment period, the Commission has made final a consent agreement with the following entity. The Commission action makes the consent order...
Joint Campaign To Educate Consumers about Investing and Saving
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The Federal Trade Commission will join the Securities and Exchange Commission, the North American Securities Administrators Association and a broad alliance of public and private organizations...
Don't Get Taken for a Ride over Spring Break: FTC
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Students planning vacation getaways over Spring Break could be taken for a ride if they aren't careful consumers, according to the Federal Trade Commission. A new FTC Fact Sheet, "Avoid A Spring Break...
Defendant in Telemarketing "Recovery Room" Scheme Agrees To Settle Charges
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Rena Warden, a defendant in the Federal Trade Commission's lawsuit against Fraudulent Action Network, Inc. (FANS) of Las Vegas, Nevada, has agreed to settle charges stemming from her role in the...
"OPERATION MONEY PIT" Targets Fraudulent Business Opportunity Schemes
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Consumers in four states spent thousands of dollars investing in business opportunities that did not fulfill promises of returning many times the cost of the investments, according to the Federal...
FTC Alleges a Second Company Made False and Deceptive Claims for Eye Care Treatment
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The Federal Trade Commission has again charged a company with falsely advertising that a non-surgical eye care treatment is a safe and effective way to correct vision. The company, Eye Care Associates...
Las Vegas Filmmaking Telemarketer in FTC Investment Fraud Case Permanently Banned From Engaging in Telemarketing Activities
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Rosario "Ray" Filosi, one of the defendants named by the Federal Trade Commission in its "Project Field of Schemes" investment fraud cases, is permanently banned from engaging in, or assisting others...
FTC Obtains Preliminary Injuction Against Chicago-Area Defendants Charged with Operating Postal Jobs Scam
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A U.S. District Court judge has found that the Federal Trade Commission has "shown a likelihood of proving" that four corporations, with offices in Merrillville and Crown Point, Indiana (near Chicago)...
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