December 9, 2008 |
Whole Foods Markets Inc. is suing the Federal Trade Commission, saying the regulator violated its due process rights in an antitrust dispute. Whole Foods acquired Wild Oats Markets in 2007 but has been in a legal battle with the FTC since then over the deal. Whole Foods says in a lawsuit filed in U.S. District Court that the FTC is prejudging the facts and rushing the case to trial.
October 24, 2008 |
In a nationwide crackdown on credit repair companies, the Federal Trade Commission said Thursday that 30 firms were being targeted, including a Woodland Hills company that had its assets frozen. Success Credit Services was accused in an FTC civil suit of violating the Credit Repair Organizations Act by contending that it could quickly clean up credit reports by removing legitimate negative items, such as late payments, bankruptcies and tax liens.
September 21, 2008 |
It's hard to think of anything more heinous than bogus cancer cures. Yet there is no lack of Internet sites that promise to cure, for a price, any cancer with an elixir, concoction of herbs or systematized program of thinking good thoughts. Last week the Federal Trade Commission disclosed actions it had taken against several companies that promoted online cancer cures. The actions were the result of a project started last year to identify websites making unsubstantiated cure claims.
March 28, 2008 |
More than a year after millions of T.J. Maxx and Marshalls customers found out their credit card information had been hacked into, the discount stores' operator agreed to have its information audited but avoided paying federal fines. TJX Cos. was one of three firms that agreed to settle charges that each "failed to provide reasonable and appropriate security for sensitive consumer information," federal regulators said Thursday in two unrelated data-breach decisions.
March 27, 2008 |
The White House named William Kovacic as the next chairman of the Federal Trade Commission, replacing Deborah Platt Majoras when she leaves office at month's end. Kovacic has served as one of the FTC's five commissioners since January 2006. He will be one of two remaining Republican commissioners after Majoras leaves.
March 18, 2008 |
There's no such thing as a free plasma TV. ValueClick Inc., one of the largest Web advertising networks, will have to pay federal authorities $2.9 million for telling consumers otherwise. The civil settlement Monday with the Federal Trade Commission is the largest penalty to date under the 2003 Can-Spam Act, which forbids deceptive e-mails and unsolicited commercial come-ons that aren't clearly labeled. The case is embarrassing for publicly traded ValueClick of Westlake Village, which has been touted as a likely takeover candidate in the wake of major online advertising acquisitions by Google Inc., Microsoft Corp.
February 29, 2008 |
Federal Trade Commission Chairwoman Deborah Platt Majoras will resign in late March, the agency said Thursday, to handle antitrust issues for Procter & Gamble Co. Majoras will join the consumer products manufacturer as vice president and general counsel June 1, a company spokeswoman said. During her tenure at the FTC, the agency cleared P&G's $57-billion acquisition of rival consumer products company Gillette.
February 24, 2008 |
2Amid the tumult of the delivery room, Rohit and Geeta Jain were calm about one thing: Their new baby was sure to be a boy. Six months earlier, the Jains had spent more than $300 for a test that screened a minute quantity of Geeta's blood for traces of male DNA. The testing company said it was 95% accurate in determining the sex of a baby, even as early as the eighth week of pregnancy. After six hours in the delivery room, Rohit gaped as his wife gave birth to a daughter.
December 21, 2007 |
In approving Google Inc.'s $3.1-billion purchase of DoubleClick Inc. on Thursday, federal regulators determined that there was plenty of competition in the fast-growing Internet advertising world. But they also expressed concerns about consumer privacy in that rapidly evolving marketplace, in which companies are increasingly using technology to track people's digital footprints to follow them around the Web and target ads to their activities.
December 15, 2007 |
The head of the Federal Trade Commission said Friday that she wouldn't remove herself from an antitrust review of Google Inc.'s purchase of online advertising company DoubleClick Inc., rebuffing requests from privacy groups opposed to the transaction. Deborah Platt Majoras, chairwoman of the FTC, said she had reviewed a petition from the groups with the agency's ethics official and other staff and determined that "the relevant laws and rules . . . neither require nor support recusal."