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Teva, Barr say FTC wants more info on acquisition

SAN FRANCISCO (MarketWatch) -- The Federal Trade Commission requested additional information from Teva Pharmaceutical Industries Ltd. and Barr Pharmaceuticals Inc. on Teva's proposed acquisiton of Barr, the companies said Wednesday. The request will extend the antitrust waiting period on the deal by 30 days after the information is supplied. Teva and Barr expect to close the deal in late 2008. In...

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Consumer protection meets financial literacy

Yesterday saw an interesting day-long event that brought together the paired topics of financial literacy and consumer protection. (Many of the day's presentations are available here.) Although I only managed to catch the first couple of sessions, I caught a lot of interesting material. After welcoming remarks, Martin Gruenberg, the Vice Chairman of the US Federal Deposit Insurance Corporation, started...

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FTC OKs ViroPharma-Lev merger

ViroPharma Inc. and Lev Pharmaceuticals Inc. have received clearance for their planned merger from the Federal Trade Commission. (VPHM)

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New FTC Amendments to the Telemarketing Sales Rule Regarding Call Abandonment and Pre-Recorded Voice

The Federal Trade Commission recently announced two important amendments to the Telemarketing Sales Rule. Published on August 29, 2008 in the Federal Register, one amendment harmonizes the FTC's call abandonment calculation standard with that of the Federal Communications Commission's standard and the other dramatically limits the FTC's current policy on pre-recorded voice calls.

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FTC To Ask BHP Billiton To Submit Info On Takeover Bid For Rio Tinto

FTC To Ask BHP Billiton To Submit Info On Takeover Bid For Rio TintoTOKYO (Kyodo)--Japan's antimonopoly watchdog will soon order mining giant BHP Billiton Ltd/Plc to submit information on its bid to acquire smaller rival Rio Tinto, a top watchdog official said Wednesday.

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Butler and Johnston Provide Economic Analysis of UDAP Statutes

Henry N. Butler of Northwestern and Jason Scott Johnston of Penn have written "Consumer Harm Acts? An Economic Analysis of State Consumer Protection Acts." Here's the abstract:State Consumer Protection Acts (CPAs) were adopted in the 1960s and 1970s to protect...

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Apply for Airborne Refunds, Now

Image via Wikipedia From the FTC Press Release on Airborne products; September 15, 2008 is the last day for eligible consumers who purchased Airborne products over a six-year period to apply for refunds. Details on eligibility can be found at www.airbornehealthsettlement.com. "We want to get the word out to everyone who qualifies for these refunds," said Lydia Parnes, Director of the Federal Trade...

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Market Forces At Work: The PR Backlash Against Google Chrome’s EULA

Most debates–from privacy to net neutrality–about consumer protection in Internet policy come down to the following increasingly-cliched exchange: 1. Advocate of Regulation: “The government must intervene to protect users against Companies who want to [___________] by writing new laws or regulations!” 2. Regulatory Skeptic: “Why don’t we rely on the FTC’s enforcement of End User License Agreements...

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South Dakota Cell phone scam

If you live in South Dakota, and have a cell phone, be warned of a new scam that is going on in your area, and be cautions not to give out any personal details over the phone even it it’s an automated service. The South Dakota Consumer Protection are warning of this scam, it will [...]

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Tapping the Brakes on the Teva-Barr Deal

The FTC wants more information before it offers its approval.

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Ireland - MEP Sinnott calls on the Irish Government to amend EIA laws

MEP Sinnott calls on the Irish Government to amend EIA laws Kathy Sinnott, MEP for Ireland South and Member of the Environment, Public Health and Food Safety Committee, and Dr Vyvyan Howard recently met with the European Commission's Public Health and Consumer Protection directorate on the dangers to human health posed by water fluoridation in Ireland. Dr. Howard, of the University of Ulster, is a...

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South Africa: Consumer Bill Needs 'Further Work'

The franchising industry would be thrown into disarray by the Consumer Protection Bill that would make franchisors liable for the products and services supplied by franchisees, Parliament's trade and industry committee heard yesterday.

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OCPB to negotiate with PAD so that it may continue work

Deputy Secretary-General of the Office of the Consumer Protection Board (OCPB) Nirot Charoenprakob (นิโรธ เจริญประกอบ) stated that the office has moved its operations to the Public Relations Department facility in Soi Aree Samphan for the time being. Mr. Nirot admitted that the ongoing People’s Alliance for Democracy (PAD) rally at the Government House has affected [...]

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Assigning Blame for the San Diego Wildfires

Cal Fire is already on record implicating SDG&E transmission wires in last year's San Diego wildfires, now the Consumer Protection & Safety Division of the state utilities commission is out with a 35 page report that also blames the utility (as well as Cox Commuications) for the fires. The report also accuses SDG&E of not cooperating with the investigation, although the example cited in the Union...

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September Edition of the "Wonder of Wireless" Webcast Now Available

WASHINGTON--(BUSINESS WIRE)--Wireless law enforcement, a text savvy teen who saves the day, and an update on where state policymakers stand with the issue of wireless consumer protection are