Word: ftc
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...wouldn't have the cojones to release a paper by a 12-person, 2 1/2-year committee that says 40% of ads for weight-loss products "make at least one representation that is almost certainly false," as the Federal Trade Commission did last week. The study proves, mainly, that the FTC is too lazy to investigate 60% of diet...
...This all started in 1997 when the FTC, which has a very deluded, Douglas MacArthur self-image, began "Operation Waistline," which is always referred to in quotation marks in the report. Basically, "Operation Waistline" consisted of sending out letters to publications warning them about running ads with false claims. These letters, the FTC was shocked to learn, were universally ignored. The FTC researchers never asked themselves if they would open a letter with the return address of "Operation Waistline...
...1990s, Janet Reno’s Department of Justice and the Federal Trade Commission (FTC) took an active role in policing large mergers, in the name of protecting consumer interest. Under their watch, the mergers of Sprint and Worldcom, Office Depot and Staples, and United Air Lines and U.S. Air were all blocked. The FTC even blocked the merger of Meade and Celestron, two hobbyist telescope manufacturers who competed in a market totaling a few million dollars in sales per year. Retrospectively, it’s unclear what benefit, if any, the public received from these blocked mergers since most...
Hewlett certainly can't rely on regulators to scuttle the deal. The European Union rubber-stamped the merger without attaching conditions. The FTC will likely do the same. Support for the merger within HP has climbed to 65% from its 55% low, according to internal polling. (That HP has taken internal polls shows just how dicey things were.) And Hewlett's fellow board members have been increasingly eager to point out that Fiorina is not riding roughshod over them. "It's unfair to say this is Carly's deal," says Bob Knowling, a former CEO of Covad. "Compaq just makes...
...Officials with the Federal Trade Commission are warning about 40 websites to stop touting theoretical cures and treatments for anthrax and smallpox. The sites? owners have a week to respond to the FTC letters before authorities begin levying fines or banning site operators from future web enterprises...