- For Your Information: January 16, 2009
FTC Chairman William E. Kovacic Issues Report on FTC at 100: Into Our Second CenturyFederal Trade Commission Chairman William E. Kovacic issued a report, following seven months of agency self-assessment, that considers basic questions and future directions as the Commission approaches its 100-year anniversary in 2014.
- For Your Information: January 16, 2009
Staff Working Papers on Section 2 Posted on Federal Trade Commission Web Site; FTC Publishes Notice on Proposed Rule Regarding Depository Institution Disclosure Requirements; FTC Extends Public Comment Period Related to Endorsement Guides ReviewStaff associated with the recent Federal Trade Commission/Department of Justice Hearings on Section 2 of the Sherman Act: Single-Firm Conduct as Related to Competition, have prepared a series of working papers, covering several of the topics addressed by the hearings
- For Release: January 15, 2009
Court Rules in Favor of FTC in National Urological Group Case; Orders Marketers of Thermalean, Lipodrene, and Spontane-ES to Pay More Than $15 MillionA federal district court has ordered the marketers of three dietary supplements to pay more than $15 million for deceiving consumers about the products’ safety and effectiveness.
- For Release: January 15, 2009
David Shonka Named Acting General Counsel of the FTCFederal Trade Commission Chairman William E. Kovacic announced today that David C. Shonka will serve as Acting General Counsel for the agency.
- For Release: January 15, 2009
Judge Orders Kevin Trudeau to Pay More Than $37 Million for False Claims About Weight-Loss BookA federal judge has ordered infomercial marketer Kevin Trudeau to pay more than $37 million for violating a 2004 stipulated order by misrepresenting the content of his book, “The Weight Loss Cure ‘They’ Don’t Want You to Know About.”
- For Release: January 15, 2009
Statement of the FTC’s Bureau of Competition Regarding the Announcement that Oldcastle Architectural, Inc. Will Not Proceed with its Proposed Acquisition of the Pavestone CompaniesFollowing the Federal Trade Commission’s filing of a lawsuit to block the transaction, CRH plc, the parent company of Oldcastle Architectural, Inc., announced on January 14, 2009, that it will not proceed with its proposed $540 million acquisition of Pavestone Company, LP.
- For Release: January 14, 2009
FTC Sues to Block Oldcastle Architectural’s Proposed Acquisition of the Pavestone Companies Deal Would Combine Only Two National-Scale Suppliers of Drycast Concrete Hardscape Products Used by Consumers in Outdoor Projects
- For Release: January 14, 2009
Marketers of ‘Ab Force’ Weight Loss Device Agree to Pay $7 Million for Consumer RedressMarketers who made false and deceptive claims that a device would cause consumers to lose weight by applying electronic stimulation to their abdominal muscles have agreed to pay $7 million to settle an action brought by the Federal Trade Commission to obtain consumer redress.
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