Press Releases

Medtronic, Inc. will divest Avecor's non-occlusive arterial pump assets to settle Federal Trade Commission charges that Medtronic's $106 million acquisition of its competitor would lessen competition...

The Federal Trade Commission will review the proposed acquisition of Mobil Oil by Exxon Corporation in each area where they compete -- exploration and production, refining and marketing -- and against...

Media Advisory • Media Advisory • Media Advisory What: Press Conference To Unveil Law Enforcement Sweep Targeting Internet Scams. Federal/State/Local Law Enforcers Bag More Than 100 Defendants...

Federal Trade Commission lawyers and the Intel Corporation today jointly filed a motion with the Commission's Secretary withdrawing from adjudication the FTC's case against Intel. The parties...

Commission action regarding applications for approval: Following a public comment period, the Commission has ruled on applications for approval of transactions from the following: Tejas Energy LLC...

In testimony yesterday before a House Subcommittee considering the federal banking agencies' proposed Know Your Customer rules, David Medine, speaking for the Federal Trade Commission, outlined the...

A team of 16 government employees from the Federal Trade Commission and four other agencies who cooperatively developed a "one-stop" website for consumer information today received a Hammer Award. The...

PT-1 Communications, Inc., a New York City-based marketer of pre-paid telephone cards, has agreed to pay $300,000 in monetary relief as part of a settlement of Federal Trade Commission charges...

R.J. Reynolds Tobacco Co. has agreed to settle Federal Trade Commission charges that its ads for Winston "no additives"cigarettes are deceptive. The agency alleged that Reynolds implied in its...

Monier Lifetile LLC will sell production facilities in Arizona, California and Florida to CRH PLC to settle Federal Trade Commission charges that the formation of Monier Lifetile, a joint venture...

The Federal Trade Commission is trying to make sure that brides-to-be get what they pay for when they buy a wedding dress - including all the information that federal law requires on wearing apparel...

Federal Trade Commission Chairman Robert Pitofsky today told the American Bar Association that the 19th century antitrust laws on the books today are adequate to address the unique competition issues...

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...

GEP, INC., and Bank Card Security Center, Inc., both of Casselberry, Florida and their owner, Steven Zwicker, have agreed to pay a $44,000 civil penalty, and in a separate settlement, Executive...

I am pleased to be here today with the American Advertising Federation and my good friend Chairman Bill Kennard of the FCC to have a frank discussion of the issues raised in the FCC's report, "When...

Federal and state law enforcers are targeting bogus business operators who bilk charities, not-for-profit organizations and small businesses out of millions of dollars a year. The FTC and the...

Account Portfolios, Inc. (API), and a subsidiary, Perimeter Credit, L.L.C., have agreed to pay a $300,000 civil penalty as part of a settlement with the Federal Trade Commission to resolve allegations...

What: The Federal Trade Commission, the Illinois Attorney General, the Indiana Attorney General, and the United States Postal Inspection Service will hold a press conference to announce a series of...

An Internet merchant who was barred from doing business online has been sentenced on charges of wire fraud in U. S. District Court in Florida. In April, 1998, the Federal Trade Commission charged that...

The remaining four defendants in a pyramid scheme that promised investors they could earn up to $18,000 a month and receive an unsecured credit card with a high credit limit have agreed to settle...