Word: ftc
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Federal Trade Commission (FTC) in 1980 considered filing suit for false advertising against Stanley H. Kaplan Educational Center, Inc., Kaplan claimed a test score increase of 50 points for those students who took advantage of their coaching...
...technique," countered the other. The latest salvos in the presidential campaign? No, just samples of the recent invective between James Miller, chairman of the Federal Trade Commission, and the man he replaced, Commissioner Michael Pertschuk. A staunch consumer advocate whose seven-year term at the FTC expired last week, Pertschuk left office fightin', feudin' and fumin'. He accused Miller, a Reagan appointee, of deliberately sidetracking the FTC's mission to protect consumers against unfair and deceptive business practices. "While they have fiddled," complained Pertschuk in a 240-page critique of the Reagan FTC that he submitted...
...current spending spree. In July the Federal Trade Commission blocked the Swiss firm's $515 million takeover of CooperVision, a California contact-lens company. Reason: Nestlé already sells certain types of eye-care supplies through a Fort Worth subsidiary, Alcon Laboratories. There has been speculation that the FTC might oppose the creation of a food combine the size of Nestlé and Carnation. Experts close to the deal, however, expect little difficulty because the companies do not have significant competing products. Nestlé sells no milk in the U.S., and Carnation sells no coffee...
...estimated 50% of used autos suffer mechanical failures within 45 days of the sale. To make car shopping safer for consumers, the Federal Trade Commission in 1981 devised a rule that ordered dealers to disclose a car's known defects on a window sticker. But last week the FTC staff relaxed its requirements...
...disclosure stickers on autos. But the notices will tell only whether the car has a warranty or specify which parts of the auto are guaranteed. The original rule never went into effect because it was blocked by a lawsuit and a lobbying blitz from auto dealers. The FTC now explains that the requirement would have Used cars in New York City been unhelpful to consumers because used-car dealers are often unaware of mechanical problems. The decision means that consumers will continue to shop for used cars the old-fashioned way, by kicking the tires and hoping for the best...