Press Releases

WASHINGTON – As homeowners and communities throughout the country continue to face devastating consequences from the deep contraction in the economy and the housing market, the Obama Administration...

The Federal Trade Commission today announced a crackdown on fraud and deception by mortgage modification and home foreclosure rescue companies. The FTC is seeking to halt the proliferation of these...

The Federal Trade Commission has brought to a halt two peddlers of bogus cancer cures that were targeted during Operation False Cures, a law enforcement sweep announced last fall. The FTC charged the...

FTC Staff Comment Says New York Bill to Regulate Pharmacy Benefit Managers May Increase Pharmaceutical Prices for New York Consumers – Federal Trade Commission staff filed a comment stating that...

The Federal Trade Commission has launched a Web site to help entities covered by the Red Flags Rule design and implement identity theft prevention programs. The Rule requires “creditors” and...

BASF has settled Federal Trade Commission charges that its proposed $5.1 billion acquisition of rival chemical manufacturer Ciba Holding Inc. would be anticompetitive and violate federal law by...

A group of sellers and telemarketers charged in 2008’s “Operation Tele-PHONEY” interagency law enforcement sweep have agreed to post a $5 million performance bond before calling consumers and have...

Federal Trade Commission Chairman Jon Leibowitz announced today that David P. Wales, Acting Director of the Bureau of Competition for the past nine months, will leave the FTC in May. “Dave has done a...

Drug maker Bristol-Myers Squibb Company (BMS) will pay $2.1 million – the largest fine allowed by law – for failing to inform the Federal Trade Commission of agreements reached with Apotex, Inc...

The Federal Trade Commission today told the U.S. House Subcommittee on Financial Services and General Government of the Committee on Appropriations that the FTC has intensified its efforts to protect...

Testifying today on behalf of the Federal Trade Commission before the U.S. House Subcommittee on Commerce, Trade, and Consumer Protection of the Committee on Energy and Commerce, FTC Commissioner J...

The Federal Trade Commission, the nation’s consumer protection agency, has a new Web site at ftc.gov/MoneyMatters for people dealing with debt; struggling to find a job; or trying to create a budget...

Federal Trade Commission Chairman Jon Leibowitz today issued the FTC’s 2009 Annual Report at the American Bar Association’s Section of Antitrust Law Spring Meeting in Washington, DC. “The FTC in 2009...

The U.S. Department of Justice, at the Federal Trade Commission’s request, filed suit today in federal district court charging that satellite television provider Dish Network, directly and through its...

At the request of the Federal Trade Commission, a U.S. district court has ordered two companies to stop falsely advertising that they are part of a government-endorsed mortgage assistance network and...

The Federal Trade Commission today told the U.S. House Subcommittee on Commerce, Trade and Consumer Protection of the Committee on Energy and Commerce that the FTC will continue protecting consumers...

FTC Approves Federal Register Notice Establishing New Fiber Name and Definition The FTC has approved the publication of a Federal Register notice amending Commission Rule 7(c) of the Rules and...

In a statement presented today to the United States Commission on Civil Rights, the Federal Trade Commission described its efforts to protect consumers from unfair, deceptive, and discriminatory...

According to the staff of the Federal Trade Commission, legislation pending before the Minnesota legislature that seeks to exempt certain activities by Minnesota health care cooperatives from federal...

QVC, Inc., a TV home shopping channel and one of the world’s largest multimedia retailers, has agreed to pay $7.5 million to settle Federal Trade Commission charges that it made false and...