Word: ftc
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...response, Intel chairman Andrew Grove says only, "We make no apologies." While Grove declined to discuss the FTC probe, he suggested much of the criticism is mere envy of Intel's success. If so, that envy may grow more pronounced as Intel prepares to put more distance between itself and its competitors. This year Intel will begin shipping its next generation of microprocessors called the Pentium, which will process information twice as fast as Intel's current crop of chips. Moreover, Grove says, Intel will price the Pentium "more aggressively" than previous microprocessors. Although computers based on Pentium will start...
Reich is no stranger to government. Beforecoming to Harvard, he served as director of policyplanning for the FTC under former president JimmyCarter and assistant to the solicitor generalunder president Gerald Ford...
...commercialization of children's TV abated. In the late '70s, ACT was one of the groups that pressed for an FTC inquiry into whether commercials directed at kids ought to be banned or restricted. But after extensive hearings, the FTC took no action, and commercials are still an inextricable part of the economics of children's television...
...means of ascertaining a job applicant's "honesty and personal integrity." Yet companies are required by law to inform job applicants if their credit record played a role in their rejection and to identify the source of the negative information. Many employers fail to follow that law, but the FTC is cracking down. Last week four companies, including St. Louis-based aerospace giant McDonnell Douglas and New York retailer Macy's, settled FTC charges that they failed to tell passed-over applicants their credit records had been examined. The companies agreed to give rejected job applicants the names and addresses...
...Department of Agriculture. Food advertising, meanwhile, falls within the bailiwick of the Federal Trade Commission. To see how muddled it gets, consider the case of frozen pizza. Cheese pizza and its packaging belongs to the FDA, while pepperoni pizza and its labeling rests with the USDA. The FTC approves ads for both. Contributing to the chaos: the agencies often don't use the same rules, standards or even definitions in regulating food...