News Releases for May 2000
May 26, 2000
- For Your Information: May 26, 2000
Announced Actions for May 26, 2000
Approved petition in Harbour Group Investments, L.P.; Final consent agreement in Abbott Laboratories and Geneva Pharmaceuticals, Inc.
- For Release: May 26, 2000
Zim Textile Corporation Agrees to Settle Charges of Violating Textile Fiber Products Identification Act
Zim Textile Corporation has agreed to settle Federal Trade Commission charges that it violated the Textile Fiber Products Identification Act (TFPIA) by failing to attach required labels to the sheets and pillowcases the company manufactured and distributed.
May 25, 2000
- For Release: May 25, 2000
FTC Testifies on Privacy Report to Congress
FTC Testifies on Privacy Report to Congress
May 24, 2000
- For Release: May 24, 2000
California Companies that Made Fraudulent Claims About Government Auctions for Cars, Homes, and Jobs Settle FTC Charges
Century Direct Marketing (CDM), a Santa Barbara, California-based company that, under the name Consumer Information Services, sold information packages about the auction sale of automobiles, houses and other property, and New Concepts Communications, LLC (NCC), a company that marketed and sold an employment opportunity that involved selling long distance telephone service, but that was advertised as a delivery job, have agreed to settle Federal Trade Commission charges.
- For Release: May 24, 2000
FTC Testifies on Enforcement and Education Initiatives To Combat Predatory Lending Practices;
Asks Congress to Consider Legislative Expansions to Enhance Consumer Protection
- For Release: May 24, 2000
New York Designer Failed to Provide Proper Care Labels on Its Garments
Karin Stevens, Inc., a New York City designer and importer of ladies dresses and pant suits, has agreed to pay a $20,000 civil penalty to settle Federal Trade Commission allegations that it did not have a reasonable basis for the care instructions it placed on some of its garments, in violation of the FTC's Care Labeling Rule.
- For Release: May 24, 2000
Intermatic Inc. Agrees to Pay $250,000 Civil Penalty to Settle Charges of Violating 1979 FTC Order
Intermatic Incorporated, one of the country's largest manufacturers of consumer and industrial energy control products such as appliance timers and low-voltage outdoor lighting, has agreed to pay a $250,000 civil penalty to settle Federal Trade Commission charges that the company violated a 1979 order by making unsubstantiated energy savings claims about an electric water heater timer.
May 23, 2000
- For Release: May 23, 2000
FTC Announces Settlement in an Office Supply Scam Case and Provides Tips for Small Businesses on How To Defend Themselves Against Business-To-Business Fraud
This is National Small Business Week, a time to celebrate and recognize America's small business entrepreneurs, and to remind America's small businesses how to defend themselves against business-to-business fraud.
- For Your Information: May 23, 2000
Announced Actions for May 23, 2000
Final Consent Agreements in Texas Surgeons, P.A., et al.; Final Consent Agreements in Wisconsin Chiropractic Association; Final Consent Agreements in CMO Distribution Centers of America, Inc.; Final Consent Agreements in EHP Products, Inc.; Final Consent Agreements in National Heritage Enterprises.
- For Your Information: May 23, 2000
FTC Staff Submits Comments to West Virginia Public Service Commission Regarding Electric Power Restructuring
Staff of the Federal Trade Commission's Bureaus of Economics and Consumer Protection have provided comments in response to a request from the West Virginia Public Service Commission (PSC) regarding a variety of issues related to the implementation of electric power restructuring legislation within the state.
May 22, 2000
- For Release: May 22, 2000
FTC Recommends Congressional Action To Protect Consumer Privacy Online
Survey Finds Only 20% of the Busiest Commercial Sites Implement All Four Fair Information Practice Principles; Legislation Needed to Extend Progress of Self-Regulation
- For Release: May 22, 2000
FTC Announces Additional Day For Workshop on B2B Electronic Marketplaces
The Federal Trade Commission announced today that the workshop on Business-to-Business (B2B) electronic marketplaces originally scheduled for one day, June 29, 2000, will instead run for two days, June 29 and June 30.
May 19, 2000
- For Your Information: May 19, 2000
Announced Actions for May 19, 2000
The Federal Trade Commission today announced the following actions:
May 18, 2000
- For Release: May 18, 2000
Service Corporation International Divests Roswell, New Mexico Funeral Home As Part of FTC Settlement
Service Corporation International (SCI) has divested the LaGrone Funeral Home, one of its two funeral homes in Roswell, New Mexico, in settlement of Federal Trade Commission antitrust charges.
- For Your Information: May 18, 2000
FTC Staff Announces Agenda for Workshop on Slotting Allowances
The staff of the Federal Trade Commission's Bureau of Competition has announced the agenda for the workshop on slotting allowances, which will be held in the FTC Headquarters Building in Washington, D.C., on May 31 and June 1, 2000.
- For Release: May 18, 2000
Federal Trade Commission Testifies on Children's Online Privacy Protection Act (COPPA)
Jodie Bernstein, Director of the Federal Trade Commission's Bureau of Consumer Protection, presented FTC testimony today before the Subcommittee on Courts and Intellectual Property of the House Judiciary Committee on the Commission's activities to date in the area of online privacy, particularly with respect to its role in implementing and enforcing the Children's Online Privacy Protection Act (COPPA).
May 16, 2000
- For Your Information: May 16, 2000 [Revised]
Announced Actions for May 16, 2000
Commission action regarding applications for approval in Exxon Mobil Corporation; Application for approval of transaction in BP Amoco p.l.c.
May 15, 2000
- For Release: May 15, 2000
FTC Issues Final Rule on Privacy of Consumer Financial Information
The Federal Trade Commission on Friday issued a final Rule implementing the provisions of the Gramm-Leach-Bliley Act governing the privacy of consumers' financial information.
May 12, 2000
- For Your Information: May 12, 2000
Announced Actions for May 12, 2000
Applications for approval of transaction in Exxon Mobil Corporation; announced publication in Federal Register of information relative to The Children's Online Privacy Protection Act (COPPA).
May 11, 2000
- For Release: May 11, 2000
Marketers of Various Dietary Supplements Settle FTC Charges That They Made Unsubstantiated Claims That Their Products Could Cure ADHD
Efamol Nutraceuticals, Inc., and J & R Research, Inc., two companies that market and sell dietary supplements that claim to mitigate or cure the effects of Attention Deficit Disorder or Attention Deficit Hyperactivity Disorder (ADHD), have agreed to settle Federal Trade Commission charges that the claims for their products were unsubstantiated.
May 10, 2000
- For Release: May 10, 2000
Record Companies Settle FTC Charges of Restraining Competition in CD Music Market
All Five Major Distributors Agree to Abandon Advertising Pricing Policies
- Media Advisory: May 10, 2000
The Federal Trade Commission will hold a news conference on the major recorded music distributors' compact disc pricing policies.
FTC news conference on music distributors' pricing policies of compact discs.
May 9, 2000
- For Your Information: May 9, 2000
Announced Actions for May 9, 2000
Extension of Time in Baxter International, Inc.; final approval of consent order in Duke Energy Corporation.
May 5, 2000
- For Your Information: May 5, 2000
Announced Actions for May 5, 2000
Application for modification from The Boeing Company; public forum announcement in The High Tech Warranty Project; consent approval in Motor Up Corporation, Inc. and Dura Luba Corporation.
- For Release: May 5, 2000
Strategic Alliances and Cyber Tools Fight 21ST Century Fraud
The Council of Better Business Bureaus, the U.S. Postal Inspection Service, the National Association of Attorneys General (NAAG), and the Federal Trade Commission today announced a strategic alliance to help fight consumer fraud in the 21st Century.
- For Release: May 5, 2000
Telemarketers Offering Credit Cards that Never Arrive Agree to Settle FTC Charges
Must Post Performance Bonds, Pay Redress and Return Uncashed Checks
May 4, 2000
- For Release: May 4, 2000
FTC Testifies on Proposed Amendments to Fair Credit Reporting Act
Proposed legislation to amend the Fair Credit Reporting Act ("FCRA") to remove procedural requirements that unduly interfere with workplace investigations must also preserve the basic privacy safeguards for employees that the Congress enacted in 1970 and significantly expanded in 1996, the Federal Trade Commission said today.
- For Release: May 4, 2000
FTC to Hold Public Workshop to Examine Competition Issues in Business-to-Business Electronic Marketplaces
The Federal Trade Commission announced today that it will hold a public workshop on business-to-business ("B2B") electronic marketplaces on June 29, 2000.
May 3, 2000
- For Release: May 3, 2000
FTC Staff Issues Guidelines on Internet Advertising
Paper Explores How Existing Consumer Protection Laws Apply To Online Advertising
May 2, 2000
- For Your Information: May 2, 2000
Announced Actions for May 2, 2000
Transaction approvals in Exxon/Mobil; final consent in McCormick Industries, Inc.; divestiture extension in Roche Holdings, Ltd.; extension of comment period in Smokeless Tobacco Regulatory Rule review; consent approval in Unitel Systems, Inc., d/b/a Universe of Toys.
- For Release: May 2, 2000
FTC Settlement Protects Door-to-Door Sales Consumers
Consolidated Promotions to Provide Restitution for Violating Commission's "Cooling-Off Rule"
- For Your Information: May 2, 2000
FTC Survey to Assess Retailers' Compliance with Appliance Labeling Rule
This summer the Federal Trade Commission will conduct a survey to assess appliance retailers' compliance with the Appliance Labeling Rule.
May 1, 2000
- For Release: May 1, 2000
Day Trading Advisors Targeted by Federal Law Enforcers
'How-To' Products Promise Extravagant Profits, Few Risks, While North American Securities Administrators Association Says 70% of Day Traders Lose Money
- For Release: May 1, 2000
Marketers of "Vitamin O" Settles FTC Charges of Making False Health Claims; Will Pay $375,000 for Consumer Redress
Two Washington-based companies and the individual who controls them have agreed to pay $375,000 in redress to settle Federal Trade Commission charges that they made false and unsubstantiated health claims in their advertising for a purported nutritional supplement called "Vitamin O."