Advertisement
YOU ARE HERE: LAT HomeCollectionsFtc
IN THE NEWS

Ftc

FEATURED ARTICLES
BUSINESS
January 7, 2014 | By Ricardo Lopez
The Federal Trade Commission on Tuesday cracked down on Sensa Products, an El Segundo company that sells a weight-loss powder that users sprinkle on food to help curb their appetite. The powder, which is marketed as activating the part of the brain that helps control appetite, is said to make users feel fuller faster so they eat less. Federal regulators, however, weren't buying the pitch. Sensa Products now has to return $26.5 million to consumers who bought its product because the company used faulty science in its marketing to mislead consumers, the FTC said.
ARTICLES BY DATE
SPORTS
March 13, 2014 | By Jim Peltz
Herbalife Ltd. said Thursday a new U.S. probe of the nutritional products maker would not affect its sponsorship of the Galaxy and other teams and athletes. The company, whose business practices have been publicly attacked by a Wall Street investment manager, said Wednesday it now was the subject of a civil probe by the Federal Trade Commission but provided no other details. Money manager Bill Ackman has alleged Herbalife, whose nutrition and weight-management products are sold by independent salespeople, is effectively a pyramid scheme.
Advertisement
CALIFORNIA | LOCAL
January 6, 1999
For those of us who think that sending a complaint to a government agency is an exercise in futility, I have good news. Six months ago I wrote to the FTC about price gouging by the maker of a widely used anti-anxiety medication. I chalked it up as another wasted attempt at civic involvement. Lo and behold ("Definitely a Cause of Anxiety," editorial, Dec. 24), The Times reports that the FTC and 10 states are taking pharmaceutical giant Mylan Laboratories to court for price fixing to the tune of $120 million.
BUSINESS
March 12, 2014 | By Walter Hamilton
The rancorous battle over Herbalife's business practices took a critical turn as the company revealed that it is being investigated by the Federal Trade Commission. Herbalife did not reveal details of the probe, but the Los Angeles nutritional products maker reiterated its long-held position that its business model is sound. The company has been the target of accusations that it operates a pyramid scheme. "Herbalife welcomes the inquiry given the tremendous amount of misinformation in the marketplace, and will cooperate fully with the FTC," the company said in a statement.
BUSINESS
May 10, 2012 | By Michelle Maltais
Facebook's $1-billion purchase of photo-sharing site Instagram is under review by the Federal Trade Commission, according to the Financial Times. The routine competition investigation could take six months to a year, the FT reports , which could delay the deal's anticipated second-quarter closing. Facebook had indicated in filings for its initial stock offering that it expected to close the deal by end of this quarter. Deals for more than $66 million typically undergo greater regulatory scrutiny , under current antitrust law. Initially, the FTC and Department of Justice do a preliminary review to determine whether any antitrust concerns come up warranting closer examination.
BUSINESS
March 12, 2011 | By David Sarno, Los Angeles Times
The Federal Trade Commission has agreed on a settlement with Twitter resulting from the site's alleged "serious lapses" in data security that allowed hackers to take over Twitter twice in 2009, accessing users' private information and hijacking accounts to send out phony tweets. According to an FTC statement, the settlement "resolved charges that Twitter deceived consumers and put their privacy at risk by failing to safeguard their personal information. " Twitter, which was about 2 years old at the time of the incidents, was a young site that often struggled under the weight of its fast-growing traffic and server demands.
BUSINESS
November 1, 2012 | By Laura J. Nelson
“Rachel from Cardholder Services” may not be calling you anymore. A federal court order Thursday morning temporarily halted operations at five telemarketing firms that the Federal Trade Commission said illegally dialed up consumers with millions of prerecorded messages - often saying they were from "Rachel. " “Rachel from Cardholder Services is public enemy No. 1,” FTC chairman Jon Leibowitz said in a statement. The FTC receives 200,000 complaints a month about robocalls.
BUSINESS
November 21, 2013 | By Stuart Pfeifer
An Arizona company that offered to help fraud victims recover stolen money instead defrauded them again by selling worthless do-it-yourself kits that cost hundreds of dollars, the Federal Trade Commission said. Business Recovery Services of Mesa, Ariz., and its owner, Brian Hessler, preyed on victims of telemarketing fraud but then failed to help them recover any money, the FTC said. "In effect, this scheme rubbed salt in the wound of people who had already been victimized, targeting them and defrauding them all over again," said Jessica Rich, director of the FTC's consumer protection division.
BUSINESS
January 2, 2013 | By Jessica Guynn
For two years, Microsoft Corp. has urged antitrust regulators to crack down on arch rival Google Inc. Now that the Federal Trade Commission is poised to allow Google to emerge from the antitrust probe without having to make major changes, Microsoft is crying foul. Google is set to resolve a 20-month antitrust probe with a voluntary agreement and a consent decree on the company's use of patents, Bloomberg News reported Wednesday. That means Google will voluntarily change some of its business practices, including how it uses content from other websites and allows advertisers to export data.
BUSINESS
March 12, 2014 | By Walter Hamilton
The rancorous battle over Herbalife's business practices took a critical turn as the company revealed that it is being investigated by the Federal Trade Commission. Herbalife did not reveal details of the probe, but the Los Angeles nutritional products maker reiterated its long-held position that its business model is sound. The company has been the target of accusations that it operates a pyramid scheme. "Herbalife welcomes the inquiry given the tremendous amount of misinformation in the marketplace, and will cooperate fully with the FTC," the company said in a statement.
BUSINESS
March 12, 2014 | By Walter Hamilton
The Federal Trade Commission has launched a civil investigation into Herbalife Ltd., the Los Angeles-based nutritional-products maker said Wednesday. Herbalife did not disclose any details of the probe, but it has been waging an ongoing battle against a hedge fund manager's allegations that it is running a thinly disguised pyramid scheme. The company reiterated its long-stated position that its business model is sound and said it would cooperate with the inquiry. "Herbalife welcomes the inquiry given the tremendous amount of misinformation in the marketplace, and will cooperate fully with the FTC,” the company said in a statement.
AUTOS
January 24, 2014 | By David Undercoffler
Nissan Motor Co. and its U.S. advertising agency agreed Thursday to settle a complaint by the Federal Trade Commission over deceptive advertising charges. The deal stems from a 30-second ad Nissan ran in 2011 for its midsize Frontier pickup truck. In the spot, created by TBWA Worldwide, the Frontier is seen driving up a steep dune to push a buggy stuck in the sand. According to the FTC complaint, the actual truck couldn't pull off such a feat - and cables were used for both vehicles, and the hill was modified to look significantly steeper than it really was - so the ad was found to violate the FTC Act. “Special effects in ads can be entertaining, but advertisers can't use them to misrepresent what a product can do,” Jessica Rich, director of the FTC's Bureau of Consumer Protection, said in a statement.
BUSINESS
January 9, 2014 | By Shan Li
Four car dealers in Southern California agreed to a settlement with the U.S. government over accusations of deceptive advertising, part of a broader effort to keep a tighter rein on the auto industry. The dealers - which include Honda of Hollywood and Norm Reeves Honda in Cerritos - were accused by the Federal Trade Commission of running ads that misrepresented the costs of buying or leasing automobiles. The agency's nationwide sweep, dubbed Operation Steer Clear, also targeted five dealerships outside the Golden State.
AUTOS
January 9, 2014 | By Shan Li
Four auto dealers in Southern California and five others around the country agreed to settle with the Federal Trade Commission over charges of deceptive advertising that misled consumers about low prices and financing when buying cars. The nationwide sweep, dubbed Operation Steer Clear, targeted dealers that ran misleading print, online and video ads that misrepresented costs for the sale, financing and leasing of automobiles. “For most consumers, buying a car is one of the most expensive transactions they will make in their life.
BUSINESS
January 7, 2014 | By Ricardo Lopez
Federal regulators Tuesday ordered a California-based fad weight-loss company to return $26.5 million to consumers who bought its product - a sprinkle-on powder for food that promised users would lose weight without exercising. Sensa Products, based in Manhattan Beach, sold a sprinkle-on food additive to was supposed to enhance taste and smell and make users feel fuller faster, the Federal Trade Commission said Tuesday.  Regulators, however, said the company used faulty science in its marketing to mislead consumers.
BUSINESS
January 7, 2014 | By Ricardo Lopez
The Federal Trade Commission on Tuesday cracked down on Sensa Products, an El Segundo company that sells a weight-loss powder that users sprinkle on food to help curb their appetite. The powder, which is marketed as activating the part of the brain that helps control appetite, is said to make users feel fuller faster so they eat less. Federal regulators, however, weren't buying the pitch. Sensa Products now has to return $26.5 million to consumers who bought its product because the company used faulty science in its marketing to mislead consumers, the FTC said.
OPINION
December 18, 2009
Microsoft Corp.'s epic battle with regulators in the United States and Europe was the landmark antitrust dispute of the 1990s, but it's fast becoming a relic of a different technological era. On Wednesday, European Union regulators approved the final piece of a settlement with the software giant; the U.S. Department of Justice reached a similar settlement with Microsoft in 2002. Meanwhile, with mobile phones becoming a popular computing platform and Web-based services extending far beyond the PC, Microsoft's dominance over desktops is becoming less of an issue to software developers and technological innovators.
BUSINESS
December 19, 2012 | By Pat Benson
Technology has changed a lot in 15 years. It's been nearly that long since the Federal Trade Commission has updated rules protecting kids' online privacy. The Federal Trade Commission said Wednesday that it has given parents greater control over the information that online services collect from kids 12 and under. Read Jessica Guynn's story on the issue here . Among the changes to the 1998 Children's Online Privacy Protection Act: The FTC updated rules for mobile apps and made it clear that a child's location, photographs and videos cannot be collected without a parent's permission.
BUSINESS
November 21, 2013 | By Stuart Pfeifer
An Arizona company that offered to help fraud victims recover stolen money instead defrauded them again by selling worthless do-it-yourself kits that cost hundreds of dollars, the Federal Trade Commission said. Business Recovery Services of Mesa, Ariz., and its owner, Brian Hessler, preyed on victims of telemarketing fraud but then failed to help them recover any money, the FTC said. "In effect, this scheme rubbed salt in the wound of people who had already been victimized, targeting them and defrauding them all over again," said Jessica Rich, director of the FTC's consumer protection division.
BUSINESS
October 24, 2013 | By Stuart Pfeifer
Dozens of people have called on the Federal Trade Commission to investigate multilevel marketing, a controversial industry that includes companies such as Herbalife Ltd., Amway, Avon and others. In a letter delivered to the FTC's Washington offices Thursday, the group, led by Massachusetts attorney Douglas M. Brooks, urged the agency to crack down on an industry it says preys on low-income and unemployed workers with false hopes of easy wealth. "The MLM industry has proved incapable of regulating itself, is rife with fraudulent and deceptive earnings claims and has caused -- and will continue to cause -- untold financial harm and misery to the poorest and most vulnerable of the consumers whom the commission was formed to protect," the group's letter said.
Los Angeles Times Articles
|