News Releases for June 1996
June 28, 1996
- FOR RELEASE: JUNE 28, 1996
Judge Upholds FTC Charges Against Atlanta Telemarketers
Action Involves More Than $161,000 Judgement - FOR RELEASE: JUNE 28, 1996
Individual Named in the FTC's "Project Roadblock" Investment Fraud Case Agrees To Settle
Richard Basile, one of the defendants named by the Federal Trade Commission as part of "Project Roadblock," a nationwide, multi-agency sweep of high-tech investment frauds involving the emerging telecommunications systems, has agreed to pay approximately $40,000 to settle FTC charges. - For Your Information: JUNE 28, 1996
The FTC has amended its Appliance Labeling Rule
The Federal Trade Commission has amended its Appliance Labeling Rule to allow appliance manufacturers to place energy use labels required by the Canadian and Mexican governments "directly adjoining" the rule's required EnergyGuide label. - For Your Information: JUNE 28, 1996
Announced Actions for June 28, 1996
Commission action regarding applications for prior approval: Following a public comment period, the FTC has ruled on applications from the following:
June 27, 1996
- FOR RELEASE: JUNE 27, 1996
FTC Wins Court Order To Shut Down Marketers of Software Display-Rack Distributorships
Government Alleges False Earnings Claims, Use of “Shills” as References
June 26, 1996
- FOR RELEASE: JUNE 26, 1996
FTC Charges Marketers of Doan's Pills with Making Deceptive Back-Pain Relief Claims
Commission may seek corrective advertising - For Your Information: JUNE 26, 1996
Repeal of Massachusetts Liquor Price Posting Would Encourage Competition in the Sale of Alcoholic Beverages, Says FTC Staff
A Federal Trade Commission staff member submitted a statement today to the Massachusetts Alcoholic Beverages Control Commission (MABCC) on the repeal of a Massachusetts rule that requires liquor wholesalers to file a price list prior to the month in which the list will be effective. - FOR IMMEDIATE RELEASE: JUNE 26, 1996
FTC, DOJ Form Joint Task Force To Reexamine Treatment of Cost Savings in Merger Analysis
The Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) today announced that they have established a joint task force that will examine whether and, if so, how the antitrust analysis of mergers should take into account any probable cost savings from a merger.
June 25, 1996
- FOR RELEASE: JUNE 25, 1996
FTC Freezes $2 Million in Atlanta Job Services Case
The Federal Trade Commission said today that it has been able to freeze more than $2 million in corporate and individual assets pursuant to a preliminary injunction the agency had won in federal district court on June 21 against Atlanta-based Career Information Services, Inc., its successor, CIS Associates, Inc., and two corporate officers, David Lee Smith and William Phillips. - For Your Information: JUNE 25, 1996
BASF Corporation and DuPont Advanced Fibers Systems
The Federal Trade Commission has granted BASF Corporation (BASF) and DuPont Advanced Fibers Systems (DuPont) temporary designations for use in marketing their manufactured fibers that they maintain do not fall within any existing established generic fiber category.
June 24, 1996
- FOR RELEASE: JUNE 24, 1996
FTC Garners $643,000(+) in Settlements with Defendants in "Demand Draft" Fraud Case
Future “Phone Checks” to Require Written Signatures
June 21, 1996
- For Your Information: JUNE 21, 1996
Announced Actions for June 21, 1996
Applications for prior approval of transactions: The FTC has received an application for prior approval of a divestiture from the following. The application will be subject to public comment for 30 days, until July 22.
June 20, 1996
- FOR RELEASE: JUNE 20, 1996
Looking for a New Job? FTC Cautions: Work Before You Pay
Government Exposes Employment Services Scams, Offers Tips on Avoiding Job Hunt Frauds
June 19, 1996
- For Your Information: JUNE 19, 1996
Shopping in Cyberspace
Online shopping gives new meaning to convenience and choice.
June 18, 1996
- For Your Information: JUNE 18, 1996
Announced Actions for June 18, 1996
Commission action regarding applications for prior approval: Following a public comment period, the FTC has ruled on applications from the following:
June 17, 1996
- For Your Information: JUNE 17, 1996
Dell Computer Corporation
The Federal Trade Commission has given final approval to a consent agreement with Dell Computer Corporation settling charges that it restricted competition in the personal computer industry and undermined the standard-setting process by threatening to exercise undisclosed patent rights against computer companies adopting the VL-bus standard.
June 14, 1996
- For Your Information: JUNE 14, 1996
Announced Actions for June 14, 1996
Applications for prior approval of transactions: The FTC has received applications for prior approval of divestitures from the following. The applications will be subject to public comment for 30 days, until July 15. - FOR RELEASE: JUNE 14, 1996
San Francisco Funeral Home Agrees To Pay $20,000 Civil Penalty
Lewis & Ribbs Mortuary, Inc., a San Francisco-based funeral home operator, and its owner Lorenzo J. Lewis, have agreed to pay a $20,000 civil penalty to settle Federal Trade Commission charges that they failed to give consumers general price lists and statements itemizing their purchases in the form required under the FTC's Funeral Rule.
June 13, 1996
- FOR RELEASE: JUNE 13, 1996
Raytheon Company To Settle Charges in Chrysler Technologies Holding Acquisition
Raytheon Company will settle Federal Trade Commission charges that its $455 million acquisition of Chrysler Technologies Holding, Inc. (“CTH”), would violate antitrust laws.
June 12, 1996
- FOR RELEASE: JUNE 12, 1996
New Balance To Settle Price-Fixing Charges
FTC ALLEGES ATHLETIC SHOE COMPANY CONDUCT RAISED PRICES FOR CONSUMERS - FOR RELEASE: JUNE 12, 1996
Art Supplier Settles FTC Charges
The leading supplier of wood products used to construct frames for artists’ canvases has agreed to settle Federal Trade Commission charges that it attempted to fix prices and restrain trade in the market for these products, known as stretcher bars.
June 11, 1996
- For Your Information: JUNE 11, 1996
Announced Actions for June 11, 1996
Applications for prior approval of transactions: The FTC has received applications for prior approval of divestitures from the following. The applications will be subject to public comment for 30 days, until July 10.
June 10, 1996
- FOR RELEASE: JUNE 10, 1996
Crackdown on US and Canadian Loan Boiler Rooms; FTC, States Net 13 Scams
Sweep Signals Growing Number of Cross-Border Frauds - FOR RELEASE: JUNE 10, 1996
FTC Charges Talent Broker: Ability To Place Models and Actors
The Federal Trade Commission has charged a New Jersey talent broker and its president with misrepresenting their ability to place children in high paying modeling and acting jobs and with violating a previous FTC order that barred them from doing so.
June 7, 1996
- FOR RELEASE: JUNE 7, 1996
FTC Staff Recommends Repeal of Trade Regulation Rule on Games of Chance in the Food Retailing and Gasoline Industries
The staff of the Federal Trade Commission has recommended that the Commission repeal its trade regulation rule on Games of Chance in the Food Retailing and Gasoline Industries, basing its conclusion on the fact that the costs of the rule outweigh its benefits and the abuses that led to the rule are not likely to recur. - FOR RELEASE: JUNE 7, 1996
FTC Law Judge Upholds Charges AGainst "Rust Evader;" Prohibits Use of Brand Name
A Federal Trade Commission administrative law judge has prohibited RustEvader Corporation from using the names “Rust Evader” or “Rust Buster” for a purported electronic corrosion control device for automobiles that the judge said is not effective in substantially reducing corrosion, despite the company’s advertising campaign to the contrary. - For Your Information: JUNE 7, 1996
Announced Actions for June 7, 1996
Applications for prior approval of transactions: The FTC has received applications for prior approval of transactions from the following. The FTC is seeking public comments on the applications for 30 days, until July 8.
June 6, 1996
- FOR RELEASE: JUNE 6, 1996
Debra A. Valentine To Head International Shop at FTC Competition Bureau
Debra A. Valentine has been named to head the international division within the Federal Trade Commission’s Bureau of Competition, Bureau Director William J. Baer announced today.
June 5, 1996
- FOR RELEASE: JUNE 5, 1996
Seller of Distributorship Programs for Snack Foods Violated Franchise Rule
James L. Roche has agreed to settle Federal Trade Commission charges that he misrepresented earnings claims, success rates, and the amount of training and support he would provide to prospective purchasers of his snack food distributorship programs. - FOR RELEASE: JUNE 5, 1996
Four More "Project Telesweep" Defendants Settle FTC Charges
Three of the Cases Net Civil Penalties
June 4, 1996
- For Your Information: JUNE 4, 1996
Commissioner Mary L. Azcuenaga Issues Separate Statement Concerning the FTC’s Staff Report on Hearings on Global and Innovation-Based Competition
Federal Trade Commissioner Mary L. Azcuenaga has issued the following separate statement concerning the FTC’s Staff Report on Hearings on Global and Innovation-Based Competition:
- FOR RELEASE: JUNE 4, 1996
Utah Seller of Home Based Business "Starter Kits" Charged with Misrepresenting Earnings, Profits
FTC Will Seek Redress for Deceived Consumers - For Your Information: JUNE 4, 1996
Announced Actions for June 4, 1996
Commission action regarding applications for prior approval: Following a public comment period, the FTC has ruled on an application from the following:
June 3, 1996
- FOR RELEASE: JUNE 3, 1996
Rapidly Changing Marketplace Demands New Practices for Government, Businesses, and Consumers, Says FTC Staff
ADJUSTMENTS TO ANTITRUST ENFORCEMENT SUGGESTED--SIGNIFICANT CONSUMER PROTECTION ISSUES IDENTIFIED - FOR RELEASE: JUNE 3, 1996
FTC Closes Investigation of Rite Aid Acquisition of Maxi Drug in Maine
The Federal Trade Commission announced today that it has closed its investigation of a possible violation of federal antitrust laws by Rite Aid Corporation when it acquired certain Brooks Retail Pharmacies in Maine from Maxi Drug, Inc.
Rev. Monday, July 1, 1996