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Last updated on April 17, 2014 at 13:47 EDT

Latest Federal Trade Commission Stories

2013-07-02 04:21:40

PARIS, July 2, 2013 /PRNewswire/ -- On January 17, 2013, Compagnie de Saint-Gobain has accepted the purchase offer of Ardagh on Verallia North America for an enterprise value of $1,694 million (around EUR1,275 million), representing 6.5 times 2012 EBITDA (around $261 million). The transaction is subject to authorization by the Federal Trade Commission (F.T.C). Yesterday, the F.T.C. filed a complaint in Federal Court seeking to prevent the sale from being consummated....

Consumers Urged To Reclaim Their Name By FTC's Julie Brill
2013-06-27 04:51:00

redOrbit Staff & Wire Reports - Your Universe Online As the privacy rights of Americans have come under the spotlight in recent weeks, one federal regulator is pushing for a new initiative that would give consumers the ability to reclaim control of their personal data from brokers, Web sites, and other entities. Commissioner Julie Brill, a long-time privacy advocate, said on Wednesday her 'Reclaim Your Name' initiative would give consumers access to the knowledge and technology...

FTC Warns Google, Other Search Sites To Make Ads More Recognizable
2013-06-26 10:28:55

Michael Harper for redOrbit.com – Your Universe Online The Federal Trade Commission (FTC) has issued a warning to search engine operators Google, Microsoft and others about the way their advertisements are presented in search results. An FTC letter to these companies updates guidelines set in place in 2002. In the more than ten years after the publication of those initial guidelines, selling ads has become a major business and has earned some companies billions of dollars. According...

FTC Looking Into Google’s Acquisition Of Waze
2013-06-23 05:21:55

redOrbit Staff & Wire Reports - Your Universe Online Google has confirmed that it has been contacted by US regulators regarding its acquisition of social mapping application Waze, suggesting the billion-dollar purchase will be the target of an antitrust investigation. In confirming the Mountain View, California-based tech giant had been contacted by the Federal Trade Commission (FTC), company spokeswoman Niki Fenwick would not discuss the possibility of such a probe, Bloomberg’s...

Federal Trade Commission Looks To Take Down Patent Trolls
2013-06-21 08:30:33

redOrbit Staff & Wire Reports - Your Universe Online Federal Trade Commission (FTC) Chairwoman Edith Ramirez said on Thursday that the agency should conduct a comprehensive investigation into "patent assertion entities," or so-called "patent trolls," a derogatory term for companies whose sole business is suing over patents. These companies typically purchase the intellectual property of others, and then seek money from those that infringe upon those patents. Ramirez’s remarks...

FTC Can Challenge Generic Drug Deals
2013-06-18 07:10:03

redOrbit Staff & Wire Reports - Your Universe Online Profit-sharing arrangements between generic and brand name drug companies that preserve patents and prevent competition are not inherently legal, and can be challenged as anti-competitive, the US Supreme Court ruled on Monday. These “pay for delay” deals arise when a generic drug company settles with a brand name drug maker over a questionable patent. For example, a drug company may obtain a new patent for 20 years by...

2013-06-17 12:29:10

PARSIPPANY, N.J., June 17, 2013 /PRNewswire/ -- Actavis, Inc. (NYSE: ACT) today announced that the United States Supreme Court has reversed the decision of the U.S. Court of Appeals for the Eleventh Circuit, which had affirmed the District Court's ruling granting Actavis' motion to dismiss the Federal Trade Commission's lawsuit, FTC v. Actavis, Inc. The Supreme Court's reversal was the result of a decision by a 5 to 3 vote. The Court rejected the FTC's proposed "quick look" approach and...

2013-06-13 23:23:35

California Debt Consolidation Quote is happy with the report from the Imperial Valley News about the latest bill that was passed by the California Senate to strengthen the protection of consumers against abusive debt collectors. Los Angeles-Long Beach, CA (PRWEB) June 13, 2013 The California Senate recently passed the bill that provides further rules for debt collectors that will help provide a stronger protection for consumers. California Debt Consolidation Quote is happy with this added...

2013-06-12 23:25:03

Technologically advanced service provides online businesses directed towards children under 13 years of age with an easy and reliable solution for verifying parental consent. Westport, CT (PRWEB) June 12, 2013 Imperium, an established industry leader in fraud prevention and identity validation solutions, announced that its service, ChildGuardOnline, can assist websites and mobile apps with compliance of the Children´s Online Privacy Protection Act (COPPA). COPPA was implemented in 1998...

2013-06-12 08:25:50

WASHINGTON, June 12, 2013 /PRNewswire-USNewswire/ -- Consumer Watchdog today called on federal regulators to block Google's proposed $1 billion acquisition of Waze, developers of a mobile mapping application, on antitrust grounds. The nonprofit, nonpartisan public interest group made the case against the deal in letters to both the Department of Justice and the Federal Trade Commission. Both agencies have the authority to scrutinize acquisitions for antitrust concerns. While the deal is...