For Your Information: April 28, 1998 Announced Actions for April 28, 1998 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 consent order binding on the respondent.
For Your Information: April 28, 1998 Telemarketers Offering "Guaranteed" Profits Deceived Investors, FTC Said
A federal district court in Nevada has temporarily halted what the Federal Trade Commission alleges to be a deceptive Ponzi scheme that bilked consumers out of millions of dollars.
FOR RELEASE: April 28, 1998 Invention Promotion Firm Agrees to Settle FTC Charges
Eureka Solutions International, Inc. and OEM Communications, both based in Monroeville, Pennsylvania, and company president and founder Gregory S. Bender, have agreed to settle Federal Trade Commission charges that they misrepresented the likelihood of financial gain to consumers who purchased their invention promotion services.
FOR RELEASE: April 22, 1998 FTC Action Against Three Companies Highlights 800/900 Number Billing Fraud
In its first action attacking the practice of "cramming" -- charging consumers on their actual phone bills or on look-alike bills for services they have not purchased -- the FTC today announced the filing of a complaint against three Los Angeles-based corporations and four individual officers of those corporations.
FOR RELEASE: April 22, 1998 FTC Expands Definition of "Recyclable" and "Recycled" Claims
Agency Updating Its "Green Guides"
The Federal Trade Commission today announced it has revised a portion of its Environmental Marketing Guides ("Green Guides") to expand the definitions of certain terms to reflect current consumer perceptions about what the terms "recyclable," "recycled" and "compostable" mean.
For Your Information: April 22, 1998 Announced Actions for April 22, 1998 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 consent order binding on the respondent.
April 21, 1998
For Your Information: April 21, 1998 Announced Actions for April 21, 1998 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 consent orders binding on the respondents.
April 17, 1998
FOR RELEASE: April 17, 1998 Navistar Seeks Exemption From FTC Franchise Rule
Navistar International Transportation Corporation has asked the Federal Trade Commission to exempt the company’s truck dealership operations from the disclosure requirements of the FTC’s Franchise Rule.
FOR RELEASE: April 17, 1998 FTC Reports Second Year Accomplishments of Fraud-Busting Campaigns
The Internet is quickly becoming the marketplace of choice for deceitful telemarketers and a new generation of fraud that uses increasingly sophisticated technology, according to a report issued today by the Federal Trade Commission.
For Your Information: April 17, 1998 Announced Actions for April 17, 1998 (Corrected Copy) Petitions to reopen and modify or set aside orders: The FTC has received a petition from the following entity seeking changes in, or termination of, an FTC order. The FTC is seeking public comments on the newly-received petition for 30 days, until May 19, 1998.
REGULATORY REFORM UPDATE : April 16, 1998 April 16, 1998
The Federal Trade Commission today published in the Federal Register a final rule amending its procedures related to applications for prior approval of divestitures, acquisitions, or similar transactions subject to Commission review under outstanding consent orders.
April 14,1998
CORRECTED FOR RELEASE: April 14, 1998 Fraudulent Magazine Marketers Settle FTC/State Charges
National Scholastic Society, Inc., doing business as University Society Publishers Periodicals, and David C. Beasley, Jr., have agreed to post a $250,000 performance bond before engaging in any telemarketing activities in the future as part of a settlement agreement with the Federal Trade Commission and the State of New Jersey.
April 13, 1998
FOR RELEASE: April 13, 1998 FTC Halts Internet Auction House Scam
A federal district judge has issued a temporary restraining order and frozen the assets of an Internet merchant who used online "auction houses" to offer merchandise, but never delivered the goods to the consumers.
April 10, 1998
For Your Information: April 10, 1998 Announced Actions for April 10, 1998 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 consent orders binding on the respondents.
FOR RELEASE: April 10, 1998 Michael Wroblewski Appointed Advocacy Coordinator
for Federal Trade Commission
Michael Wroblewski has been named Advocacy Coordinator for the Federal Trade Commission. In that role, Wroblewski will oversee the FTC's program for providing comments, where requested, on consumer protection and competition issues that arise in the context of other federal, state, and local government activity.
April 8, 1998
For Your Information: April 8, 1998 Announced Actions for April 8, 1998
Staff of the Federal Trade Commission has advised the Magazine Publishers of America (MPA) that it would not recommend a challenge on antitrust grounds to the adoption of proposed Guidelines on Relations with Subscription Agents (Guidelines) by its members.
For Your Information: April 7, 1998 Announced Actions for April 7, 1998 Applications for approval of transactions: After a public comment period, the FTC has approved a petition from the following entity:
April 6, 1998
FOR RELEASE: April 6, 1998 FTC Halts Internet Business Opportunity Scam
A federal district judge has issued a preliminary injunction, appointed a permanent receiver and frozen the assets of a company and three individuals that lured investors into paying as much as $10,000 to buy a business franchise that promised a fabulous return on their investment, but delivered little or nothing.
April 3, 1998
FOR RELEASE: April 3, 1998 Bureau Director's Annual Report at ABA Antitrust Meeting
Highlights FTC's Accomplishments
The booming economy has contributed to a dramatic increase -- from 1,500 to 3,700 -- in the number of merger filings received by the Federal Trade Commission in the last six years, said William J. Baer, Director of the Federal Trade Commission's Bureau of Competition, in his remarks before the American Bar Association's Antitrust Section meeting yesterday in Washington, DC.
April 2, 1998
FOR RELEASE: April 2, 1998 Dell Computer Corporation Agrees to Pay $800,000 Civil Penalty to Settle FTC Charges it Violated Mail Order Rule
Dell Computer Corporation, the country's largest direct seller of personal computers, has agreed to settle Federal Trade Commission charges that it violated the FTC's Mail Order Rule when it advertised and sold a "Dell Dimension" computer system bundled with a package of third-party software that was not ready to be shipped.