All Entries in the "Antitrust – Fraud" Category
FTC Seeks Public Comments on Trustee’s Proposal in Tops Markets Matter to Sell Former Penn Traffic Supermarket in Bath, New York to Save-A-Lot
The Federal Trade Commission is seeking public comments on an application filed by the Divestiture Trustee in the Tops Markets matter seeking approval to sell one former Penn Traffic supermarket to Moran Foods, Inc., d/b/a Save-A-Lot, Ltd., a wholly owned subsidiary of SuperValu.
Florida-Based Sea Star Line LLC Agrees to Plead Guilty and its Former President is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico
Sea Star Line LLC has agreed today to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department of Justice announced.
FTC Approves BASF’s Application to Extend Manufacturing Agreement Related to 2009 Acquisition of Ciba; FTC Approves ConocoPhillips’ Application to Modify Final Commission Order and to Amend Licensing Agreements with Holly Corp.
The Federal Trade Commission has approved an application by global chemical company BASF SE to extend a manufacturing agreement, entered into in compliance with a 2009 settlement order, which imposed certain requirements on BASF’s acquisition of rival Ciba Holding, Inc. The Federal Trade Commission has approved an application by ConocoPhillips to reopen and modify a [...]
FTC to Hold Third Roundtable to Address Consumer Issues in Motor Vehicle Sales, Financing and Leasing
On Thursday, the Federal Trade Commission will host the third in a series of roundtables around the country to gather information on consumers’ experiences in the leasing of motor vehicles at dealerships. The roundtable also will address what has been learned about auto sales, financing and leasing at all of the roundtables; what consumer and [...]
FTC to Hold Public Hearing on Fur Products Name Guide
The Federal Trade Commission will hold a public hearing on December 6, 2011, to obtain input on whether to amend the agency’s Name Guide that lists the common animal names that are allowed on fur labels. The hearing is part of a review of the Name Guide required by Congress under the Truth in Fur [...]
Last Remaining Defendants in "Hope Now" Scheme Settle FTC Charges; Order Puts Them Out of the Mortgage Relief Business
The Federal Trade Commission has obtained a settlement against the remaining defendants in an allegedly fraudulent mortgage modification scheme that will permanently ban them from the mortgage assistance business and force them to return ill-gotten gains to consumers.
Statement of Jon Leibowitz, Nomination for a Second Term as Commissioner, Federal Trade Commission
Hearing of the U.S. Senate Committee on Commerce, Science and Transportation. Federal Trade Commission Chairman Jon Leibowitz delivered the following statement at a hearing today before the Senate Committee on Commerce, Science and Transportation to consider his nomination for a second term on the Commission
Statement of FTC Chairman Jon Leibowitz at his Reappointment Hearing before the Senate Commerce Committee
Federal Trade Commission Chairman Jon Leibowitz delivered the following statement at a hearing today before the Senate Committee on Commerce, Science and Transportation to consider his nomination for a second term on the Commission
FTC Welcomes a New Privacy System for the Movement of Consumer Data Between the United States and Other Economies in the Asia-Pacific Region
The Federal Trade Commission welcomed the approval by the forum on Asia-Pacific Economic Cooperation (APEC) of a new initiative to harmonize cross-border data privacy protection among members of APEC.
FTC Wins $29.8 Million Judgment in Bogus Government Grant Case
Court Also Bans Defendants from Marketing Numerous Products and Services Related to Their Alleged Scam
Justice Department Reaches Agreement with First Niagara Bank N.A. and HSBC Bank USA N.A. on Divestitures
The Department of Justice announced today that First Niagara Bank N.A. and HSBC Bank USA N.A. have agreed to sell 26 branch offices in the Buffalo, N.Y., area with approximately $1.6 billion in deposits, to resolve antitrust concerns from the sale of HSBC’s branch network in upstate New York to First Niagara.
