Announced Actions for April 30, 1996
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The Federal Trade Commission today announced the following actions. The FTC staff contact is Dan Ducore, 202-326-2526. Applications for prior approval of transactions: The FTC has received an...
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FTC Rejects B.A.T. Proposal To Divest Cigarette Brands to Lorillard
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The Federal Trade Commission has rejected B.A.T Industries' application to divest six discount cigarette brands to Lorillard Tobacco Company, citing concerns that Lorillard would not compete...
FTC Seeks Public Comment To Discuss "Lemon Buyback" Practices
Date
The Federal Trade Commission is seeking information from the public about the resale of "lemon buybacks" -- cars previously repurchased from consumers by manufacturers under state "lemon" laws, often...
One of the Individual Defendants in a FTC "Recovery Room" Fraud Case Agrees To Settle
Date
Angelo DeLon, one of the defendants sued by the Federal Trade Commission over his role in an allegedly deceptive telemarketing scheme that purported to recover money consumers lost to investment fraud...
Informercials
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Have you ever seen infomercials that tout easy ways to make money in real estate or home-based businesses, or tell you how to get low-interest government loans or grants to start a new business or go...
Rite Aid Abandons Proposed Acquisition of Revco after FTC Sought To Black Transaction
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Rite Aid Corporation has abandoned its proposed acquisition of Revco D.S., Inc. after the Federal Trade Commission voted April 17 to authorize its staff to seek a preliminary injunction in federal...
FTC Extends Public Comment Period on "Made in USA" Issues
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The Federal Trade Commission has extended the public comment period on issues related to "Made in USA" claims in product advertising and labeling to June 30, 1996. The request for public comment is...
Announced Actions for April 23, 1996
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The Federal Trade Commission today announced the following actions. The FTC staff contact is Dan Ducore, 202-326-2526. Applications for prior approval of transactions: The FTC has received an...
FTC Offers Earth Day Tips To Save Energy, Lowever Utility Bills
Date
For anyone who thinks contributing to a cleaner environment means inconvenience and sacrifice, there’s good news: Doing a few simple things in your own home can help reduce pollution and waste. Making...
Nevada Telemarketers Agree To Pay $377,000 To Settle FTC Charges
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EDJ Telecommunications, Inc., doing business as International Marketing, a Las Vegas company, and its officers, Judy Burr and David L. Ramos, have agreed to settle Federal Trade Commission charges...
Announced Actions for April 19, 1996
Date
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...
Lockheed Martin To Settle Charges in Loral Acquisition
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Lockheed Martin Corporation will settle Federal Trade Commission charges that its $9.1 billion acquisition of Loral Corporation would violate antitrust laws. The FTC charged that the proposed deal...
The May Department Stores Company Agrees To Ensure Accuracy of Consumer Credit Information
Date
The St. Louis, Missouri-based May Department Stores Company (May Co.) has agreed to settle Federal Trade Commission charges that, when it converted its Thalhimer’s customers’ charge card accounts to...
FTC Will Seek To Block Rite Aid/Revco Merger
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The Federal Trade Commission said today it will seek a federal district court order to prevent Rite Aid Corporation from going ahead with its $1.8 billion acquisition of Revco D.S., Inc. The FTC said...
New Telemarketing Sales Rule "Strong New Weapon" Against Demand Draft Fraud, FTC Says
Date
The Federal Trade Commission said today that the Telemarketing Sales Rule implemented by the Commission will be a “strong new weapon in the arsenal against demand draft fraud and telemarketing fraud...
Ivory Jack's and Northwest Tribal Arts Agree To Settle FTC Charges that They Sold Fake Native American Artwork
Date
Two Seattle-based companies and their owners, Kurt Tripp and Ngoc Ly, have settled Federal Trade Commission allegations that they falsely represented Native American-style carvings as authentic Native...
FTC Approves "Lyocell" for Use in Fabric Content Labeling
Date
The Federal Trade Commission will allow clothing manufacturers and other marketers to use the name “lyocell” in the fiber content labels they are required by law to place in garments and other textile...
FTC Announces Two More Settlements in Project Telesweep Vending Machine Business Opportunity Cases
Date
The Federal Trade Commission today announced that it has reached settlements in two more of the 34 cases it filed last July as part of “Project Telesweep,” a federal-state crackdown on deceptively...
Credit Repair Firms Still Bilking Consumers Out of Millions
Date
If telemarketers who promise to help consumers “clean up” their credit records ask for any money up front, they’re breaking the law. Moreover, they can’t do what they promise, if the information in...
Nevada Telemarketer Agrees To Settle FTC Charges of Running Bogus "Recovery Room"
Date
Keith Parker, president of Desert Financial Group (DFG), a Las Vegas company, has agreed to settle Federal Trade Commission charges that they falsely told consumers -- most of them senior citizens --...
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