For Release: March 31, 2003 Federal Judge Issues Record $7 Million Fine Against Boston Scientific Corporation
United States Attorney Michael J. Sullivan, Assistant Attorney General Robert D. McCallum, Jr., and Federal Trade Commission Bureau of Competition Director Joe Simons announced today that a federal judge has fined Boston Scientific Corporation (BSC) more than $7 million for violating an FTC order that was designed to preserve competition in an important area of medical technology.
March 28, 2003
For Your Information: March 28, 2003 Announced Action for March 28, 2003
Granted supplemental petitions from the Direct Marketing Association (DMA) and the American Teleservices Association (ATA) regarding their request to stay the effective date of certain provisions in the Amended Telemarketing Sales Rule.
For Your Information: March 28, 2003 Announced Action for March 28, 2003
Approved the publication of a Federal Register notice related to the Appliance Labeling Rule (16 CFR Part 305).
March 27, 2003
For Release: March 27, 2003 FTC Testifies on the Internet Sale of Prescription Drugs From Domestic Web Sites
In testimony today before the United States House of Representatives Committee on Government Reform, Howard Beales, Director of the Federal Trade Commission's Bureau of Consumer Protection, detailed the Commission's consumer protection activities relating to the online marketing of health products, and specifically prescription drugs, and explained that the Commission brings enforcement actions where an online pharmacy makes false or misleading claims about the product or service it provides.
For Your Information: March 25, 2003 Announced Action for March 25, 2003
authorized staff to file an amicus brief jointly with the U.S. Department of Justice in the matter concerning Empagran S.A. v. Hoffman-LaRoche, Ltd. No. 01-7115 (D.C. Cir.).
For Release: March 24, 2003 Investment Training Material Marketer Settles FTC Charges
An operator who used deceptive claims to market commodities, stock, real estate and other investment courses has agreed to settle Federal Trade Commission charges that his deceptive claims violated federal law.
For Your Information: March 21, 2003 Announced Actions for March 21, 2003
A federal judge in the U.S. District Court for the Middle District of North Carolina, in Greensboro, has approved a settlement of the Commission’s action against the marketers of zMAX automotive lubricant.; Approval of the issuance of a final consent order in the matter concerning Lentek International, Inc.
March 20, 2003
For Release: March 20, 2003 Deceptive Mortgage Scam Halted
The Federal Trade Commission has filed a complaint charging a mortgage spamming operation with violating federal laws by using an array of deceptions to con consumers into sharing their personal financial data.
For Your Information: March 18, 2003 Announced Actions for March 18, 2003
Received a petition from Solvay S.A. (Solvay) to reopen and modify the Commission's hold separate order regarding Solvay's acquisition of Ausimont S.p.A.; Issuance of staff advisory opinions, in two separate letters, Arkansas Children's Hospital (ACH) in Little Rock, Arkansas, and Valley Baptist Medical Center (VBMC) in Harlingen, Texas.; Approved an application for a proposed divestiture pursuant to its consent agreement and order with Biovail Corporation (Biovail); Commission has authorized the staff to file a second amended complaint in the pending court matter regarding 1st Beneficial Credit Services, et al.; approved the issuance of a final consent order in the matter concerning Dainippon Ink and Chemicals, Inc.'s acquisition of certain assets of the Bayer Corporation.
For Your Information: March 14, 2003 Announced Actions for March 14, 2003
Received an application for approval of a proposed divestiture from ConocoPhillips, Inc., pursuant to a final decision and order with the FTC, announced on February 14, 2003, regarding Conoco's merger with Phillips Petroleum Company; taken action regarding the revised Telemarketing Sales Rule (TSR), granting in part and denying in part two recent petitions from the Direct Marketing Association and the American Teleservices Association.
Media Advisory : March 4, 2003 FTC Competition Director to Host Media Briefing on Major Antitrust Announcement
The Director of the Federal Trade Commission's Bureau of Competition, Joe Simons, will host a media briefing on Tuesday, March 4 at 4:30 p.m. EST, to field questions regarding a major FTC antitrust announcement.
For Your Information: March 4, 2003 Announced Action for March 4, 2003
Received an application for approval of a proposed divestiture from ConocoPhillips, Inc., pursuant to a final decision and order with the FTC, announced on February 14, 2003, regarding Conoco's merger with Phillips Petroleum Company.
