FTC Attacks E-Mail Scam
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The Federal Trade Commission has obtained a federal district court order freezing the assets of a scam that dupes consumers into making costly international telephone calls in an attempt to ward off...
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"Singer" Defendant Banned from Business Opportunity Industry
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Tom Davis, a telemarketer for Vendors Financial Services (VFS), who also posed to unwitting consumers as a successful distributor of products contained in vending machines, has agreed to a permanent...
Quexco To Settle FTC Charges
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Quexco Incorporated has agreed to settle Federal Trade Commission charges that its acquisition of Pacific Dunlop GNB Corporation would create a monopoly that could result in reduced competition and...
Remarks by Bureau of Consumer Protection Director Jodie Bernstein at the FTC's Workshop on Application of Rules and Guides to Electronic Commerce
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May 14, 1999 Welcome to the FTC workshop on our consumer protection rules and guides. Our goal today is to discuss how they apply to newer forms of electronic media, with particular emphasis on the...
FTC Negotiated Settlement Preserves Competition in U.S. Market for Life-Saving Heart-Lung Machines
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The Federal Trade Commission announced today a proposed settlement of antitrust concerns stemming from the acquisition of COBE Cardiovascular, Inc., COBE Laboratories Inc., and other assets and...
Dell Computer And Micron Electronics Settle FTC Charges That Ads Misled Consumers About The Costs of Leasing Computers
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Dell Computer Corp. and Micron Electronics, Inc. have agreed to settle Federal Trade Commission charges that their computer lease advertisements violated federal laws. According to the agency, both...
Franklin Acceptance Corp. To Pay Record $800,000 Civil Penalty To Settle FTC Charges of Violating Equal Credit Opportunity Act;
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The Federal Trade Commission has negotiated the largest civil penalty ever obtained in a settlement of alleged violations of the Equal Credit Opportunity Act (ECOA). Franklin Acceptance Corporation...
FTC Chairman Robert Pitofsky's Statement in Response to Georgetown University's Internet Privacy Policy Survey
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"Since 1995, the Federal Trade Commission has encouraged online firms to offer privacy protections to consumers to encourage broad participation in electronic commerce. Last year, the FTC reported to...
Claims of Weight Loss For Exercise Gliders And Abdominal Devices Not Substantiated; Ftc Alleges
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Fitness Quest, Inc., based in Canton, Ohio, and its president, Robert R. Schnabel, Jr., have agreed to settle Federal Trade Commission charges that they made numerous unsubstantiated claims in...
Inetintl.Com and Inet Permanently Barred from Selling Business Ventures, Franchises or Business Opportunities
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At the request of the Federal Trade Commission, a federal district court judge has permanently barred Inetintl.Com, Inc., doing business as Inet International, and two individual defendants from...
Revised Settlement with Company that Offered "Credit Repair" Services Bans Principals from Such Business in Future;
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National Credit Management Group of Fort Lee and Edgewater, New Jersey, and its principals, Glen Buzzetti and Joseph Ferguson, have agreed to settle charges brought against them by the Federal Trade...
Young Investor Website Settles FTC Charges
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In another effort to address children's online privacy, the Federal Trade Commission today announced a settlement with Liberty Financial Companies, Inc., the operator of the Young Investor website...
Deregulation and Competition in the Electric Power Industry Subject of FTC Testimony before House Subcommittee
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Commissioner Mozelle W. Thompson testified today on behalf of the Federal Trade Commission before a House Subcommittee on deregulation and competition in the electric power industry. Thompson spoke to...
Michigan Company and its President Agree to Settle Federal Charges of Misrepresenting Credit Repair Services
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A federal court has entered an order against Equity Funding & Associates, Inc., also known as Equity Funding Insurance Agency, Inc., and its president, John Cini of Bloomfield, Michigan. The order...
Announced Actions for May 4, 1999
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The Federal Trade Commission announces the following actions. FTC Chairman Robert Pitofsky will present Commission testimony today before the U.S. Senate's Subcommittee on Antitrust, Business Rights...
FTC Charges Motor Oil Additive Marketers;
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In the latest law enforcement initiative targeting ads that use deceptive performance claims to tout motor oil additives, the Federal Trade Commission has charged the marketers of Dura Lube Super...
United States Announces Substantive Agreement on an Antitrust Cooperation Agreement with Japan
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The substantive elements of an antitrust cooperation agreement between the United States and Japan were announced today in Washington, D.C. The agreement, which will be finalized in the near future...
Marketer of Bogus "Viagra-like" Impotence Treatment Products Agrees to Settle FTC Charges; Six Million Dollar Bond Required
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American Urological Corporation and several other companies have agreed to settle Federal Trade Commission charges that they lied about the effectiveness of products to treat impotence. The FTC had...
Law Enforcement Crackdown Targets Credit Repair Con Artists
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In a wholesale crackdown on scam artists who promise consumers a new credit identity without telling them that if consumers take their advice, they'll be violating federal law, the Federal Trade...
FTC Reviews Funeral Rule
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The Federal Trade Commission today announced it is beginning a review of its Trade Regulation Rule on Funeral Industry Practices ("Funeral Rule"). The proposed action is part of the FTC's ongoing...
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