Latest Federal Trade Commission Stories

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...

2013-06-13 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...

2013-06-06 23:24:02

Donald J. Dymer, president and chief executive officer of SingleSource background screening says recent study from FTC provides compelling reasons for extra caution when hiring in Florida. Federal Trade Commission reports that the Sunshine State has the highest rates of identify theft and fraud in the United States. Jacksonville Beach, FL (PRWEB) June 06, 2013 “The Federal Trade Commission´s 2012 Consumer Sentinel Network* report recently was cited by the Business Journal of...

Google Faces New FTC Antitrust Probe Over Ads
2013-05-24 11:31:29

Peter Suciu for redOrbit.com — Your Universe Online Google could find itself once again under the microscope of the US Federal Trade Commission (FTC), Bloomberg reported on Friday. The search company is facing a new anti-trust probe that could look into whether the company is once again using its leadership position in the online display-advertising market to illegally block competition. This is, of course, not Google´s first run-in with the FTC, and much of the concerns...

Word of the Day
  • An evil spirit; a devil.
  • A nightmare.
  • In astrology, the twelfth house of a scheme or figure of the heavens: so called from its signifying dreadful things, such as secret enemies, great losses, imprisonment, etc.
'Cacodemon' comes from a Greek term meaning 'evil genius.'