Category: U.S. Civil Service — Independent Agencies — Federal Trade Commission

U.S. Civil Service — Independent Agencies — Federal Trade Commission

FTC, Connecticut Secure $4 Million Settlement with Manchester City Nissan Over Deceptive Fees Allegations

Published 3 min read

The Federal Trade Commission and state of Connecticut today secured a $4 million settlement with a Manchester, Conn., auto dealer and its owners and managers resolving allegations the business was, among other things, double-charging for “certified pre-owned” vehicles and collecting other fees without consumer authorization. View Press Release

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FTC Seeks Comment on Enforcement Policy Statement Regarding Personalized Pricing

Published 3 min read

Input sought on a proposed policy statement outlining legal concerns with the use of personal data to set prices The Federal Trade Commission today announced it is seeking public comment on an enforcement policy statement regarding personalized pricing, which is the use of personal data to set prices according to the amount that a company…

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Statement on FTC Win Blocking Loctite, Liquid Nails Construction Adhesive Merger

Published 2 min read

The Federal Trade Commission secured an important victory in the fight to lower the cost of housing construction materials for Americans by preventing German multinational Henkel AG & Co. KGaA (Henkel), the manufacturer of the industry-leading Loctite brand construction adhesives, from acquiring Loctite’s main competitor, Liquid Nails. View Press Release

U.S. Civil Service — Independent Agencies — Federal Trade Commission

Bill Payment Firm Doxo to Pay $2.1 Million to Settle FTC Allegations It Deceived Consumers and Charged Them Add-On Fees

Published 4 min read

Online bill payment firm Doxo will pay $2.1 million to settle Federal Trade Commission allegations that the company and two of its co-founders used misleading search ads to impersonate consumers’ billers and misled consumers about millions of dollars in fees they tacked on to consumers’ bills.View Press Release

U.S. Civil Service — Independent Agencies — Federal Trade Commission

FTC Stops Sprawling Credit Repair Scheme that Scammed Consumers Out of Nearly $200 Million

Published 4 min read

Scheme allegedly deceptively posed as debt collectors and creditors, used false and misleading promises to collect illegal upfront fees and recurring charges At the request of the Federal Trade Commission, a federal court has temporarily halted a bogus credit repair scheme run by a sprawling network of 17 related companies and their principals.View Press Release

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FTC Ditches ‘Disparate Impact’

Published 3 min read

Commission will no longer bring claims under this pernicious legal theory The Federal Trade Commission today announced a policy statement clarifying that the Commission will not pursue claims based on disparate-impact or “unfair discrimination” theories.View Press Release

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FTC Secures Major Settlement with Caremark, Resolving Antitrust Case Against Second Drug Middleman

Published 6 min read

Settlement will drive down patients’ out-of-pocket costs, increase transparency and ensure community pharmacies are treated fairly The Federal Trade Commission secured a settlement agreement with one of the nation’s largest pharmacy benefit managers (PBMs) and its affiliated entities, marking yet another important victory in the Commission’s fight to lower healthcare costs for Americans.View Press Release

U.S. Civil Service — Independent Agencies — Federal Trade Commission

FTC Secures $12 Million in Penalties for Pre-Merger Reporting Act Violations

Published 4 min read

FTC alleges Edwards Lifesciences and Genesis structured JC Medical deal to avoid federal antitrust review The Federal Trade Commission secured $12 million in penalties to settle charges alleging that Edwards Lifesciences Corp. acquired medical device maker JC Medical from Genesis MedTech Group Limited without complying with the notification and waiting period requirements of the Hart-Scott-Rodino…