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U.S. Federal Trade Commission News

FTC lauds CDK's abandoned acquisition of Auto/Mate

By Mark Iandolo | Mar 26, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced March 20 that had it issued an administrative complaint arguing that CDK Global Inc.’s proposed acquisition of Auto/Mate would violate federal antitrust laws and reduce competition in the market for Dealer Management System (DMS) software. Following the issuance of the complaint, CDK and Auto/Mate notified the FTC that they abandoned the acquisition plans.

FTC OKs final order for caring.com's divestiture to allow Red Ventures' acquisition of Bankrate

By Marian Johns | Mar 22, 2018

WASHINGTON, D.C. — The Federal Trade Commission (FTC) recently approved its final order for caring.com senior living referral service to be divested in order for the completion of Red Ventures' acquisition of Bankrate, an order that settles charges that the acquisition could disrupt market competition.

FTC reaches settlement with defendants in Money Now Funding scheme

By Marian Johns | Mar 22, 2018

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has reached a settlement agreement with Michael Abdelmesseh and KMA Merchant Services LLC, charged by the FTC for laundering credit card charges as part of a business scheme for Money Now Funding (MNF).

FTC rules on air ambulance service providers in Hawaii

By Mark Iandolo | Mar 15, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced March 7 that Air Medical Group and AMR Holdco, two providers of ambulance services, will divest inter-facility air ambulance transport services before completing their proposed merger.

FTC approves Sears' petition to reopen 2009 settlement order

By Mark Iandolo | Mar 5, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 28 that it has approved a petition by Sears Holding Management requesting that the FTC reopen and modify an earlier order settling allegations that Sears had failed to disclose how much personal information was obtained from consumers who downloaded the company’s software app.

FTC issues report recommending mobile device manufacturers improve security updates

By Mark Iandolo | Mar 5, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 28 the issuance of a report that recommends mobile device manufacturers consider taking steps to improve security updates for users.

FTC releases 2017 summary of reported consumer complaints

By Mark Iandolo | Mar 5, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced March 1 that it has released its annual summary of complaints reported by consumers.

FTC closes case involving Essilor's acquisition of Luxottica

By Mark Iandolo | Mar 5, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced March 1 that it ihas ssued a statement after it voted to close its case related to Luxottica Group’s proposed merger with Essilor.

FTC report examines web-hosting services for small businesses

By Mark Iandolo | Feb 26, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 20 that its staff has released a report detailing whether 11 web-hosting services for small businesses provide default email authentication and anti-phishing technologies.

FTC reaches settlement with company that allegedly misrepresented 'anti-aging' benefits

By Mark Iandolo | Feb 26, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 21 that Telomerase Activation Sciences Inc. (TA Sciences) and CEO Noel Patton will settle allegations of making false or unsubstantiated claims about two “anti-aging” products.

FTC to host workshop for contact lens marketplace

By Mark Iandolo | Feb 26, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 23 that it has posted the agenda for its upcoming workshop on the contact lens marketplace and proposed changes to its Contact Lens Rule.

FTC calls Wilhelmsen's acquisition of Drew anti-competitive, violation of antitrust laws

By Mark Iandolo | Feb 26, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 23 that Wilhelmsen Maritime Services’ proposed $400 million acquisition of Drew Marine Group would violate antitrust laws and reduce competition for marine water treatment chemicals that are used by global fleets.

FTC seeks consumer protection in legislation to limit telehealth eye care

By Mark Iandolo | Feb 23, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 12 that it has submitted staff comments to the Washington state Legislature about proposed legislation that would put limitations on the telehealth eye care industry in the state.

FTC targets nation's 3 largest dental supply companies, alleging anti-price discount conspiracy

By Mark Iandolo | Feb 21, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 12 that it has sued the nation' three largest dental supply companies over an alleged conspiracy to not provide discounts to a certain customer segment.

FTC mails $2.9 million to 72,836 victims of alleged payday loan scheme

By Mark Iandolo | Feb 21, 2018

WASHINGTON (Legal Newsline) — The Federal Trade Commission (FTC) announced Feb. 15 that it is mailing a total of more than $2.9 million to 72,836 victims of an alleged payday loan scheme conducted by CWB Services LLC.

FTC staff supports repealing Alaska's certificate-of-need laws

By Marian Johns | Feb 14, 2018

WASHINGTON, D.C. — In recent testimony to the Alaska Senate Labor and Commerce Committee, the Federal Trade Commission (FTC) staff recommended repeal of Alaska's certificate-of-need (CON) laws requiring health care providers to obtain the state's approval prior to their expansion, establishment of new facilities/services and for certain large capital expenditures.

FTC targets American Financial Benefits Center in 'Operation Game of Loans' Initiative

By Marian Johns | Feb 14, 2018

WASHINGTON, D.C. — As part of its "Operation Game of Loans" federal-state law enforcement initiative, the Federal Trade Commission (FTC) has filed charges against American Financial Benefits Center for allegedly violating the FTC Act and the FTC's Telemarketing Sales Rule by defrauding thousands of customers of more than $28 million.

FTC OKs final order in fertilizer, chemical companies merger

By Marian Johns | Feb 14, 2018

WASHINGTON, D.C. — The Federal Trade Commission (FTC) has voted to 2-0 to approve a final order that settles charges against a merger of Canadian fertilizer and chemical companies Potash Corporation, Saskatchewan Inc. and Agrium Inc, on the basis the merger would harm competition in two markets.

FTC amends Energy Labeling Rule to update information

By Marian Johns | Feb 14, 2018

WASHINGTON, D.C. — The Federal Trade Commission (FTC) recently amended its Energy Labeling Rule to update the cost information and comparability range for its EnergyGuide labels on items such as dishwashers, furnaces, pool heaters and room air conditioners.

Explore Talent settles FTC allegations of violating Children's Online Protection Act

By Marian Johns | Feb 14, 2018

WASHINGTON, D.C. — Prime Sites, doing business as Explore Talent, has agreed to pay $235,000 to settle Federal Trade Commission (FTC) charges that the online talent search company violated the Children's Online Protection Act (COPPA) and misled consumers.

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