Project Risky Business
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Tuesday, August 11, 1998 Thank you for being with us today. We're here to announce a joint federal-state law enforcement sweep that has targeted nearly 60 bogus entertainment and media-related...
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FTC Votes to Update Vocational Schools Guides
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The Federal Trade Commission has voted to update its Vocational Schools Guides -- renamed the Guides for Private Vocational and Distance Education Schools. The Commission added a provision to the...
Professional Charitable Fundraiser Settles Allegations Of Fraud: Agrees to a Half-million Dollar Judgment
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The Federal Trade Commission today announced a $500,000 settlement agreement with a Phoenix, Arizona, fundraiser who, the FTC alleges, fraudulently solicited donations on behalf of various nonprofit...
The Federal Trade Commission today announced the following Applications for Approval for Shell Oil Company and Roche Holding Ltd
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Commission action regarding applications for approval: Following a public comment period, the Commission has ruled on an application for approval of a transaction from the following: Shell Oil Company...
FTC Settlement with General Electric Capital Corp. Will Safeguard $60 Million in Redress to Consumers
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A settlement agreement that the Federal Trade Commission has negotiated with General Electric Capital Corporation and its wholly-owned subsidiary, Montgomery Ward Credit Corporation (collectively, "GE...
Alcohol Companies to Supply Data on Their Self-regulatory Activities to FTC
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Eight major alcoholic beverage companies will have to supply certain information on their self-regulatory activities to address concerns about alcohol advertising and underage drinking, as a result of...
FTC, Sec and State Securities Administrators Announce "Project Risky Business"
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WHAT: Nationwide law enforcement crackdown on bogus "investment opportunities" -- risky businesses that have bilked consumers out of millions. WHO: Jodie Bernstein , Director, Bureau of Consumer...
Announced Actions for August 6, 1998
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Commission action regarding applications for approval: Following a public comment period, the Commission has ruled on an application for approval of a transaction from the following: LandAmerica...
FTC Halts Operations of Marketer Selling Bogus "Viagra-like" Impotence Treatment Products
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The Federal Trade Commission has obtained a court order temporarily halting the marketing operations of the American Urological Corporation, and several related companies, all under the direction of...
Auto Dealers in Northwest Threatened Chrysler with Illegal Boycott; FTC Settles Charges
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An association of 25 automobile dealerships in five Northwest states today settled Federal Trade Commission charges of threatening to boycott Chrysler. The agency charged that the dealers planned to...
Consumers Receive "Rust Evader" Refund Checks
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The Federal Trade Commission today announced that it has sent to 738 consumers who purchased purported vehicle anti-corrosion devices sold by RustEvader Corporation refund checks totalling $205,827.52...
Connecticut Mail Order House Operators Banned from the Mail Order Business
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International Direct, Inc., a Stamford, Connecticut, mail order house, its counterpart, American Security Products, Inc., and their officers, have agreed to settle Federal Trade Commission charges...
Court Imposes Large Bond Requirements on "Project Roadblock" Defendants
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The Federal Trade Commission today announced that the last of its eight enforcement actions undertaken as part of "Project Roadblock" has been resolved through court action. U.S. District Judge Joan A...
Canadian-based Telemarketer Banned from the Credit Card Protection Business
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The Tracker Corporation of America, and its president Bruce Lewis, have agreed to be permanently barred from engaging in the credit card protection and credit card registration business as part of a...
FTC Wins Court Order Blocking Mergers of Nations Four Largest Drug Wholesalers into Two Companies
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The Deputy Director of the Federal Trade Commission’s Competition Bureau today said that he was pleased by the federal District Court order preliminarily enjoining the proposed mergers of the nation’s...
Columbia/HCA to Pay $2.5 Million Civil Penalty for FTC Order Violation
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Columbia/HCA Healthcare Corporation will pay a $2.5 million civil penalty to settle Federal Trade Commission charges that it violated a 1995 FTC order to divest hospitals in Utah and Florida in a...
FTC and State of Missouri Win Court Order Blocking Merger of Two Missouri Hospitals
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The Federal Trade Commission announced today that a federal District Court has issued a preliminary injunction blocking the proposed merger of Lucy Lee Hospital, owned by Tenet Healthcare Corporation...
Four Companies and Their Principals Agree to Settle FTC/State Charges of Misrepresenting "Credit Repair" Services
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The Federal Trade Commission and the Commonwealth of Massachusetts have taken action against fraudulent credit repair firms misrepresenting that consumers can clean up their credit reports even before...
Announced Actions for July 30, 1998
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Applications for approval of transactions: The FTC has received an application for approval of a transaction from the following. The FTC is seeking public comments on the application for 30 days...
FTC Issues Plain English Guide to Antitrust Laws
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The Federal Trade Commission has issued a plain English guide to antitrust laws, "Promoting Competition, Protecting Consumers." The guide, published by the FTC's Bureau of Competition, explains the...
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