International Business News - FTC http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif The makers of Airborne tablets have agreed to pay $30 million to settle a lawsuit and federal regulators' charges that they made false claims about the cold-fighting benefits of the fruit-flavored remedies. http://www.ibtimes.com/articles/20080814/ftc-deal-brings-airborne-settlement-to-30m.htm Thu, 14 Aug 2008 12:18:40 EDT Two telemarketing companies that sell Dish Network Corp.'s satellite TV services have agreed to pay fines of $95,000 for ignoring the federal do-not-call list and hanging up on customers, federal regulators said Tuesday. http://www.ibtimes.com/articles/20080715/ftc-enforces-do-not-call-rules-fines-cos-95-000.htm Tue, 15 Jul 2008 19:01:05 EDT Flow International Corp. said Thursday the Federal Trade Commission has accepted a consent decree which will let the maker of industrial waterjet machines buy Omax Corp. http://www.ibtimes.com/articles/20080710/ftc-sets-conditions-for-flow-purchase-of-omax.htm Thu, 10 Jul 2008 15:58:47 EDT The Federal Trade Commission said Tuesday that it no longer considers reliable a test for tar and nicotine used for more than 40 years and touted by the tobacco industry in marketing "light" and "low-tar" cigarettes. http://www.ibtimes.com/articles/20080709/ftc-considers-backing-off-nicotine-guidance.htm Wed, 09 Jul 2008 08:46:37 EDT The Federal Trade Commission said Tuesday that it no longer considers reliable a test for tar and nicotine used for more than 40 years and touted by the tobacco industry in marketing "light" and "low-tar" cigarettes. http://www.ibtimes.com/articles/20080708/ftc-considers-backing-off-nicotine-guidance.htm Tue, 08 Jul 2008 21:33:40 EDT Medical technology company Hologic Inc. said Wednesday the Federal Trade Commission cleared its $580 million takeover of Third Wave Technologies Inc. The federal agency granted an "early termination" of their antitrust review. Early termination refers to the completion of a review by the FTC or Justice Department before the end of a 30-day period required under antitrust law. http://www.ibtimes.com/articles/20080625/hologic-gets-ftc-approval-for-third-wave-takeover.htm Wed, 25 Jun 2008 13:36:39 EDT Escalating the world's largest computer chip maker's legal woes, the Federal Trade Commission has opened a formal probe into Intel Corp.'s sales tactics, a victory for its much smaller rival, Advanced Micro Devices Inc. http://www.ibtimes.com/data/articleimgs/65935-intel-ftc.jpg http://www.ibtimes.com/articles/20080607/ftc-opens-formal-probe-of-intel-chip-business.htm http://www.ibtimes.com/articles/20080607/ftc-opens-formal-probe-of-intel-chip-business.htm Sat, 07 Jun 2008 05:29:44 EDT Escalating the world's largest computer chip maker's legal woes, the Federal Trade Commission has opened a formal probe into Intel Corp.'s sales tactics, a victory for its much smaller rival, Advanced Micro Devices Inc. http://www.ibtimes.com/data/articleimgs/65521-intel-ftc.jpg http://www.ibtimes.com/articles/20080606/intel-gets-ftc-subpoena-on-processor-competition.htm http://www.ibtimes.com/articles/20080606/intel-gets-ftc-subpoena-on-processor-competition.htm Fri, 06 Jun 2008 16:37:30 EDT The Federal Trade Commission said Wednesday it agreed to $600,000 in settlements and judgments against several private investigators involved in the Hewlett-Packard Co. boardroom spying case. http://www.ibtimes.com/articles/20080528/ftc-settles-with-investigators-in-hp-spy-scheme.htm Wed, 28 May 2008 17:33:12 EDT Canadian agricultural products company Agrium Inc. said Friday it reached an agreement with the staff of the Federal Trade Commission which the company hopes will allow it to pursue its acquisition o... http://www.ibtimes.com/articles/20080418/agrium-reaches-agreement-with-ftc-over-uap-acquisition.htm Fri, 18 Apr 2008 10:10:36 EDT Two individuals involved in a massive scam that padded consumers' phone bills with calls they didn't make have agreed to pay up to $34.5 million in fines to settle federal fraud charges. Most of t... http://www.ibtimes.com/articles/20080414/phone-scammers-hit-with-34-5m-fine.htm Mon, 14 Apr 2008 14:21:17 EDT A company that padded consumers' phone bills with calls they didn't make _ a practice known as cramming _ has agreed to pay $1.9 million to settle fraud charges. http://www.ibtimes.com/articles/20080313/phone-fraudsters-to-pay-1-9-million.htm Thu, 13 Mar 2008 18:09:44 EDT The Federal Trade Commission on Wednesday accused biotechnology company Cephalon Inc. of buying off possible generic competition to its sleep disorder treatment, according to a federal lawsuit. http://www.ibtimes.com/articles/20080213/ftc-sues-cephalon-over-settlements.htm Wed, 13 Feb 2008 18:28:31 EST Americans reported 20 percent more cases of consumer fraud in 2007 than the year before, with nearly a third of complaints related to identity theft, the government said Wednesday. http://www.ibtimes.com/articles/20080213/fraud-complaints-jump-in-2007-ftc-says.htm Wed, 13 Feb 2008 15:10:25 EST Flow International Corp., which makes high-pressure waterjet cutting and cleaning systems, said Friday the Federal Trade Commission has requested additional information on its proposed acquisition of competitor OMAX Corp. http://www.ibtimes.com/articles/20080208/ftc-seeks-details-on-flow-buyout-of-omax.htm Fri, 08 Feb 2008 07:55:22 EST A California telemarketing firm has agreed to pay a $180,000 fine to settle charges that it made 46 million illegal calls, a government agency said Tuesday. http://www.ibtimes.com/articles/20080129/ftc-fines-telemarketer-180-000.htm Tue, 29 Jan 2008 16:49:50 EST The Federal Trade Commission said Wednesday that it has blocked a company from seeking higher royalties on a patented technology that is included in a widely used computer networking standard. http://www.ibtimes.com/articles/20080123/ftc-bars-company-from-higher-royalties.htm Wed, 23 Jan 2008 18:06:16 EST Retailer Life is good Inc. on Thursday settled charges that it failed to sufficiently protect customers' credit card numbers and other personal information. http://www.ibtimes.com/articles/20080117/apparel-firm-settles-security-charges.htm Thu, 17 Jan 2008 14:12:04 EST The Federal Trade Commission said Thursday it is seeking comments on the effectiveness of credit freezes in combating identity theft. Consumers can ask credit reporting agencies to put a freeze on their credit reports as a way to prevent identity theft, because most banks and other companies won't extend credit or open a new account without being able to access such a report. http://www.ibtimes.com/articles/20080110/agency-seeks-comments-on-credit-freezes.htm Thu, 10 Jan 2008 17:09:03 EST Federal regulators have busted a family of con artists who toured the country selling bogus health care ventures and cure-all herbal teas. The Federal Trade Commission said Friday Jeffrey McLain and his two sons operated a traveling road show selling health care business plans, which they claimed could generate up to $1 million per year. The McLains also pushed a line of teas, under names like Ezekiel Cleansing Tea, which they claimed could cure diseases, including AIDS, diabetes, cancer, strokes, and heart disease. http://www.ibtimes.com/articles/20071221/ftc-busts-family-of-health-care-scammers.htm Fri, 21 Dec 2007 14:23:32 EST