Press Releases

As 2008 draws to a close, the Federal Trade Commission has nine consumer tips that can yield big dividends next year. Recognizing a good deal, staying safe online, managing credit and debt, and...

A credit repair company that lured consumers with false claims for credit repair services and required advance payment ranging from $500 to as much as $2,500 has agreed to settle Federal Trade...

The FTC has approved the filing of a comment with the Pennsylvania Public Utility Commission (PA PUC) concerning the PA PUC’s implementation plan for its Energy Efficiency and Conservation Program...

Federal Trade Commission Chairman William E. Kovacic announced today that Michael R. Baye, director of the Bureau of Economics for the past year and a half, will leave the FTC on December 31 to return...

Teva Pharmaceuticals Industries Ltd.’s has settled Federal Trade Commission charges that its proposed $8.9 billion acquisition of rival generic drugmaker Barr Pharmaceuticals Inc. would be...

At the request of the Federal Trade Commission, a federal district court has entered orders settling charges against three telemarketers who allegedly duped consumers, most of whom were elderly, into...

CompuCredit Corporation, a company marketing Visa and MasterCard credit cards to consumers in the subprime credit market, has agreed to reverse fees charged to eligible consumers’ accounts to settle...

The Federal Trade Commission issued a report today recommending five measures to help prevent Social Security numbers from being used for identity theft. Principal among the report’s recommendations...

Following a public comment period, the Commission has approved a final consent order in the matter of Premier Capital Lending, Inc. The vote approving the final order was 4-0. (FTC File No. 072-3004...

Federal Trade Commission Chairman William E. Kovacic announced today that Maureen Ohlhausen, Director of the agency’s Office of Policy Planning for the past four years, will leave the agency, and that...

A home mortgage lender has agreed to settle Federal Trade Commission allegations that it violated federal law by charging African-American and Hispanic consumers higher prices for mortgage loans than...

The Federal Trade Commission today filed a complaint in federal district court challenging Ovation Pharmaceuticals, Inc.’s January 2006 acquisition of the drug NeoProfen, which eliminated its only...

The Federal Trade Commission has approved the publication of a Federal Register notice announcing that the ceiling on allowable charges under Section 612(f) of the Fair Credit Reporting Act (FCRA)...

The Federal Trade Commission today announced the filing of a complaint in federal district court charging two investment funds, ESL Partners, L.P. and ZAM Holdings, L.P., with violating federal law by...

Computers are a popular gift during the holiday season. People with a new computer often wonder about the best way to get rid of the old one. OnGuardOnline.gov, the computer safety Web site managed by...

The Commission has appointed Mitchell S. Pettit as the interim monitor under the terms of the recently approved consent order concerning ChoicePoint, Inc.’s acquisition by Reed Elsevier, NV. The...

Sony BMG Music Entertainment (Sony Music) has agreed to pay $1 million as part of a settlement to resolve Federal Trade Commission charges that it violated the Children’s Online Privacy Protection Act...

Two Internet marketers of non-corrective, cosmetic contact lenses have agreed to settle Federal Trade Commission charges that they violated federal law by selling lenses without a prescription. Under...

The Federal Trade Commission has successfully settled the second of 13 complaints brought as part of the multi-agency “Operation Tele-PHONEY” law enforcement sweep in May 2008 against deceptive...

At the request of the Federal Trade Commission, a U.S. district court has issued a temporary halt to a massive “scareware” scheme, which falsely claimed that scans had detected viruses, spyware, and...