News Releases for May 1996

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May 31, 1996

• For Your Information: May 31, 1996
  Announced Actions for May 31, 1996
  Applications for prior approval of transactions: The FTC has received an application for prior approval of a divestiture from the following. The application will be subject to public comments for 30 days, until July 1.

May 30, 1996

• FOR RELEASE: May 30, 1996
  Delaware Funeral Home Agrees To Pay $20,000 Civil Penalty
  Beeson Funeral Home, Inc. and owner James E. Beeson, Jr., have agreed to settle Federal Trade Commission allegations that they failed to provide consumers with price lists for caskets and other funeral goods and services they offer, in violation of the FTC's Funeral Rule.

May 29, 1996

• FOR RELEASE: May 29, 1996
  FTC Halts Internet Pyramid Scheme
  In its 12th and largest law enforcement action against fraud on the Internet, the Federal Trade Commission has obtained a federal court order temporarily halting a pyramid scheme advertised on the Internet.
• For Your Information: May 29, 1996
  Announced Action for May 29, 1996
  Commission action regarding petitions to reopen and modify FTC orders: Following a public comment period, the FTC has ruled on the following petition:

May 24, 1996

• For Your Information: May 31, 1996
  Announced Action for May 24, 1996
  Consent agreements given final approval: Following a public comment period, the Commission has made final a consent agreement with the following entity. The Commission action makes the orders binding on the respondent.

May 23, 1996

• FOR RELEASE: May 23, 1996
  Defendant in FTC Case Charging Deceptive Telemarketing of Medical Equipment Agrees To Settle
  Motion Medical, Inc., based in Blacklick, Ohio, and company president Anton Albert Wood have agreed to settle Federal Trade Commission charges stemming from their role in an allegedly deceptive scheme to telemarket medical equipment to consumers nationwide.
• FOR RELEASE: May 23, 1996
  FTC Targets Invention Promotion Firm
  Firm’s President Had Testified At Hearing Last Year as “Reformed” Marketer

May 22, 1996

• FOR RELEASE: May 22, 1996
  FTC: Toys "R" Us Doesn't Play Fair
  Charges Nation’s Largest Toy Retailer Induced Toy Makers to Cut Off Discounters, Keeping Prices Higher and Reducing Choice for Consumers
• For Your Information: May 22, 1996
  FTC Repeals Its Leather Belt Rule
  The Federal Trade Commission has repealed its Leather Belt Rule, based on plans to replace the rule and other FTC regulations pertaining to individual leather products with consolidated guidelines for a variety of leather and imitation leather products.

May 21, 1996

• FOR RELEASE: May 21, 1996
  Court Halts Alleged Prize Promotion Solicitation Scam Following FTC Charges
  First prize-promo case alleging Telemarketing Rule violation
• FOR RELEASE: May 21, 1996
  FTC Updates Guides for Advertising of Jewelry
  Guides harmonized with international standards and expanded to cover more products; obsolete provisions deleted

May 17, 1996

• FOR RELEASE: May 17, 1996
  President Clinton Gives Top Honor to FTC's Executive Director, Robert S. Walton, III
  Robert S. Walton, III, Executive Director at the Federal Trade Commission since 1988, has been honored by President Clinton as a recipient of the Presidential Rank Award of Distinguished Executive for 1995.
• For Your Information: May 17, 1996
  Announced Actions for May 17, 1996
  Applications for prior approval of transactions: The FTC has received applications for prior approval of divestitures from the following. The applications will be subject to public comment for 30 days, until June 17.

May 16, 1996

• FOR RELEASE: May 16, 1996
  FTC Continues To Target Consumer Harrassment by Debt Collectors
  New Jersey Firm to Pay $10,000 Civil Penalty to Settle Charges of Posing as Law Firm, Discussing Consumer Debts with Third Parties

May 15, 1996

• For Your Information: May 15, 1996
  FTC Workshop on Consumer Privacy in Cyberspace To Be Held June 1996
  The Federal Trade Commission’s Bureau of Consumer Education will hold a public workshop on June 4 and 5 to focus on privacy issues in the online marketplace.

May 14, 1996

• FOR RELEASE: May 14, 1996
  Major Operator of Funeral Homes Agrees To Sell Funderal Homes in Three Markets in Settlement of FTC Antitrust Concerns
  The Loewen Group Inc., one of the largest owners and operators of funeral homes and cemeteries in the United States, has agreed to divest funeral homes in three markets in order to settle Federal Trade Commission antitrust concerns.

May 10, 1996

• For Your Information: May 10, 1996
  Announced Actions for May 10, 1996
  Applications for prior approval of transactions: The FTC has received an application for prior approval of a divestiture from the following. The application will be subject to public comment for 30 days, until June 10.

May 9, 1996

• For Your Information: May 9, 1996
  Announced Actions for May 9, 1996
  Petitions to reopen and modify FTC orders: The FTC has received a petition from the following entity. The Commission is seeking public comments on it for 10 days, until May 20.

May 8, 1996

• For Your Information: May 8, 1996
  FTC Staff Comments on FERC Reforms To Promote Public Utility Competition
  The Federal Trade Commission staff has advised the Federal Energy Regulatory Commission (FERC) that four measures may assist its evaluations of whether electric utility mergers will be anticompetitive and increase costs for consumers.

May 7, 1996

• FOR RELEASE: May 7, 1996
  FTC Testifies to Its Accomplishments at U.S. Senate Oversight Hearing
  The five members of the Federal Trade Commission appeared today before a U.S. Senate Subcommittee to reiterate their support for the FTC’s proposed reauthorization.
• FOR RELEASE: May 7, 1996
  Titan To Pay Maximum $130,000 Civil Penalty To Settle Federal Charges Over Acquisition from Pirelli Armstrong
  Following a Federal Trade Commission investigation, Titan Wheel International, Inc., a Quincy, Illinois-based wheel manufacturer, has agreed to pay a $130,000 civil penalty -- the maximum allowable under law -- to settle federal charges that it took control of a Des Moines tire plant of Pirelli Armstrong Tire Corporation before the allotted time for federal antitrust review of the $41 million acquisition had expired.
• For Your Information: May 7, 1996
  Announced Actions for May 7, 1996
  Consent agreements given final approval: Following a public comment period, the Commission has made final consent agreements with the following entities. The Commission action makes the orders binding on the respondents.

May 3, 1996

• For Your Information: May 3, 1996
  Consumer Alert! Penny Wise or Pump Fuelish?
  With gasoline prices rising and Memorial Day just around the corner, the Federal Trade Commission is offering some tips for travelers who want to cut the cost of driving.
• FOR RELEASE: May 3, 1996
  Remaining Defendants in Building Inspection Franchise Case Agree To Settle: Individual Defendant To Pay $20,000 Civil Penalty
  The Building Inspector of America, Inc. (TBIA), a Wakefield, Massachusetts company, and its president, Ralph Tisei, have agreed to settle federal charges against them for failing to disclose to potential purchasers the litigation and bankruptcy history of their company and two of its officers.
• FOR RELEASE: May 3, 1996
  Dallas Eyecare Center Agrees To Settle Charges that They Failed To Give Consumers Copies of Their Eyeglass Prescriptions
  Doctor's Eyecare Center, Inc., of Dallas, Texas, and its president, have agreed to pay a $10,000 civil penalty to settle Federal Trade Commission charges that they failed to provide many patients with a copy of their eyeglass prescription after completing an eye examination and that they unlawfully included on their prescription forms a waiver of liability as to accuracy.
• For Your Information: May 3, 1996
  Announced Actions for May 3, 1996
  Consent agreements given final approval: Following a public comment period, the Commission has made final a consent agreement with the following entities. The Commission action makes the orders binding on the respondents.

May 2, 1996

• For Your Information: May 2, 1996
  Public Comment Period on Review of Vocational School Guides Extended until July 1
  The Federal Trade Commission has extended the deadline for receipt of public comment on its Guides for Private Vocational Schools, until July 1, 1996. As part of its ongoing periodic review of its rules and guides, the FTC published in the April 3 Federal Register, a notice seeking comments about the overall costs and benefits of the guides and their regulatory and economic impact.

May 1, 1996

• FOR RELEASE: May 1, 1996
  FTC Wins Permanent Injunction Against Defendants in Charitable Solicitation Fraud Case; Court Orders $4.1 Million in Consumer Redress
  Court orders $4.1 million in consumer redress; bans three individuals from telephone prize promotions

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Rev. Tuesday, June 4, 1996