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Crooks and Liars (Free subscription) | yesterday
Ben Stein was axed by the New York Times last year for ethics violations when he appeared in a commercial for a bait and switch credit report scam. The ad claimed that consumers could get a free credit report, but in reality, they had to pay to see the real numbers. Well, the FTC is now getting into the act and going after similar companies with some catchy commercials intended to emulate those of...
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Epicenter (Free subscription) | 06/11/2009
With New York’s Attorney General filing antitrust charges against Intel this week, industry watchers say the Federal Trade Commission will join the fray against the chip maker, maybe even before the end of the year. Andrew Cuomo leveled New York’s suit against Intel on Wednesday, it was just one more log on the legal pile for [...]
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Sideshow Collectibles (Free subscription) | 06/11/2009
Please note that the Federal Trade Commission has recommended new guidelines for bloggers and marketers in regards to product testimonials and endorsements. These guidelines affect you as an affiliate of Sideshow Collectibles or any other affiliate program. Because you have a potential financial gain from your endorsement of Sideshow Products, you must provide [...]
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John Chow dot Com (Free subscription) | yesterday
The Federal Trade Commission (FTC) is bringing in new rules that will have a drastic effect on Internet marketers and bloggers. According to the new rules, if you blog for money or received any free stuff that is associated with a blog post, you have to disclosed it. Failure to do so could mean fines [...]
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Washington Post (Free subscription) | yesterday
In one of the largest consumer payouts of its type, MoneyGram International has agreed to fork over $18 million to the Federal Trade Commission to settle charges that it knowingly allowed con artists to use its operation to swindle U.S. consumers out of millions of dollars.
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PC World (Free subscription) | 06/11/2009
New York Attorney General Andrew Cuomo filed federal antitrust charges against Intel this week, with the U.S. Federal Trade Commission expected to follow suit...
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Nutraceuticals World Breaking News (Free subscription) | 06/11/2009
The Natural Products Foundation (NPF) recently met with officials from FDA and FTC to turn over the names of 10 companies that have continued to make drug or disease claims in their advertising and other promotional materials. These meetings were part of an ongoing effort through the foundation’s Truth in Advertising (TIA) program, which aims to first educate advertisers to help them bring their...
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PharmaGossip (Free subscription) | 06/11/2009
Thursday brought news that CVS Caremark has lost a couple of big PBM clients and that its business practices are being investigated by the Federal Trade Commission. via thedeal.com Posted via web from Jack's posterous
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CJR Daily (Free subscription) | 06/11/2009
The Wall Street Journal follows up this morning on its report on CVS Caremark's business practices six months ago. The Federal Trade Commission is investigating the company's doings, which the Journal in May reported include blatantly anticompetitive stuff like raising co-pays for people who shop at non-CVS pharmacies. Caremark is a pharmacy-benefits manager that merged with CVS, the big...
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Open IT Strategies (Free subscription) | 06/11/2009
I didn’t get why the NY attorney general is suing Intel, other than it’s the same publicity-seeking path his predecessor to get elected governor. Antitrust enforcement is a Federal issue, whether for the US DoJ/FTC/FCC or the Eurocrats in Brussels. However, blogger Geoffrey Manne suggests that NY has an interest in hurting Intel and helping AMD, given that AMD is talking about building...
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People Daily (Free subscription) | 06/11/2009
South Korea plans to enforce stricter rules on domestic cartel activities in order to eliminate unfair practices in the market, head of the nation's antitrust watchdog said Friday. "We plan to beef up regulatory efforts on cartel-related activities down the road," Chung Ho-yul, chief of the Fair Trade Commission, said at a local forum with business leaders. Chung warned that some companies'...
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Drug Channels (Free subscription) | 06/11/2009
CVS Caremark disclosed unexpected problems in its PBM business yesterday, spooking investors and sending its stock down by 20%. See Dow Jones’ coverage: CVS' Pharmacy Benefit Struggles Renew Merger Benefits Debate Judging by the financials, it sure looks like CVS Caremark has sacrificed its PBM business for the benefit of the retail pharmacy business. They are also having trouble explaining how...
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Baltimore Sun (Free subscription) | 06/11/2009
Pa. companies point to FTC's review The deal is off for a Pennsylvania snack food company's plan to buy its nearby competitor.
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Baltimore Sun (Free subscription) | 06/11/2009
Pa. companies point to FTC's review The deal is off for a Pennsylvania snack food company's plan to buy its nearby competitor.
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kansascity.com (Free subscription) | 06/11/2009
strong><span class="subhead">CVS investigated</span></strong> The Federal Trade Commission is investigating some of CVS Caremark Corp.’s business practices, the company said Thursday. The drugstore chain and pharmacy benefits manager did not disclose the details of the “nonpublic investigation,” but it said it has not violated any antitrust...
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money | 12/08/2009
In the 1930s, 1940s and early 1950s, cigarette advertising frequently included claims that drew the attention of the Federal Trade Commission (e.g., “No worry about throat irritation even when you inhale!”). The commission's efforts to police these claims had little effect, however, for it was unable to stop the misleading claims until after the lengthy hearing and appeal processes had been exhausted....
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money | 12/08/2009
Promotional activities have always been part of tobacco product marketing, but there was a marked increase in the distribution of promotional items for tobacco products in the late 1980s and early 1990s. The effects of this phenomenon on the uptake of cigarettes by the young could be readily measured by survey techniques, for it is relatively easy to ascertain, for instance, whether a respondent has...