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Federal Trade Commission

The Price of Oil: Speculation, Manipulation Or a Deeply Broken System

Raymond J. Learsy | Posted 09.07.2013 | Business
Raymond J. Learsy

Will it be a serious and searching probe of the malevolent formation of prices in the oil industry, costing American and world consumers billions, or just a cursory headline in the manner of the now discredited 'The Oil and Gas Price Fraud Working Group.'

How to Dispute a Credit Card Charge

Jason Alderman | Posted 09.02.2013 | Business
Jason Alderman

Have you ever ordered something online that was delivered damaged -- or never arrived at all? Or been double-billed by a merchant? Or spotted a charge on your credit card statement you didn't make? Most of us have.

Is Saudi Arabia's Trojan Horse Spiking Gasoline Prices Americans Are Paying at the Pump?

Raymond J. Learsy | Posted 08.31.2013 | Business
Raymond J. Learsy

If the nation is benefiting so handsomely from its newly developed riches in natural gas, why have similar developments in the spectrum of oil production not resulted in a comparable impact?

WSJ Gets It Right -- Highlights Italy Probe of Soccer Clubs, Ignores FTC Probe of Oil Price Fixing

Raymond J. Learsy | Posted 08.26.2013 | Media
Raymond J. Learsy

That an issue of this importance is being virtually ignored by our press is mind-boggling to say the least, and one has to wonder what nefarious influences the oil industry and its moneyed interests are able to bring to bear.

Regulators: Stop With Deceptive Advertising!

Reuters | Posted 06.26.2013 | Technology

SAN FRANCISCO, June 25 (Reuters) - U.S. regulators warned leading Internet firms including Google Inc. to better identify paid ads in search results, ...

The 'Reverse Payment' Drugs Case: The Most Important Economic Issue You Never Heard of -- And Why There Might Still Be Some Hope for Antitrust

Chris Sagers | Posted 08.25.2013 | Business
Chris Sagers

Branded drug companies appear to have squeezed quite a bit more money out of their products by paying off generic drug companies to stay out of their markets. Now, you might be thinking, that sounds like a violation of antitrust law.

FTC to Probe Oil Price Fixing. Saying So Doesn't Make It So

Raymond J. Learsy | Posted 08.25.2013 | Business
Raymond J. Learsy

Certainly the FTC has its work laid out. The big question now is will they follow through or go the way of the "Oil/Gas Pricing Fraud Panel" of April 2011 from which we have yet to hear a single note?

Google Might Have To Face Down The FTC.. Again

Reuters | Alexei Oreskovic | Posted 08.25.2013 | Technology

By Alexei Oreskovic SAN FRANCISCO (Reuters) - Antitrust regulators are conducting a preliminary inquiry into Google Inc's recent acquis...

Avoiding the "Big Stick" Approach: Regulators Seek to Aid Transparency for App Developers

Christina Gagnier | Posted 06.12.2013 | Technology
Christina Gagnier

The issue is not necessarily that the information is being collected. The issue is that users must have information about what is being collected and be put in a position to make a meaningful choice about the tradeoff of using the application or not.

Time to Stop Backroom Deals That Drive Up Drug Prices

Chris Meyer | Posted 06.09.2013 | Politics
Chris Meyer

One way you can try to save at the pharmacy is choosing a generic version of the drug, instead of the brand-name medication. But some consumers may not have that option, especially when it comes to higher-priced prescriptions.

No More Robocalls?

AP | By JENNIFER C. KERR | Posted 06.02.2013 | Technology

WASHINGTON (AP) — There may one day soon be another way to fight those annoying prerecorded phone pitches known as robocalls. The Fed...

New FTC Study: 25 Percent of Consumers Have Credit Report Errors

Bethy Hardeman | Posted 05.03.2013 | Business
Bethy Hardeman

For years there's been an ongoing debate about accuracy of credit reports. Various studies have claimed that 3 to 25 percent of reports contain errors. Can credit report errors be a big deal? Yes, absolutely.

Obama Expected To Name New Head Of FTC

Reuters | Posted 04.30.2013 | Politics

WASHINGTON, Feb 28 (Reuters) - President Barack Obama intends to name Edith Ramirez the chairwoman of the Federal Trade Commission, a White House of...

Here's Where You're Most Likely To Get Scammed

The Huffington Post | Jillian Berman | Posted 02.13.2014 | Business

Most people know Florida as the home of Disney World, sandy beaches and senior citizens enjoying their retirement. But Florida has another, more unsav...

Debt Collector Threatened Dead Woman

The Huffington Post | Harry Bradford | Posted 02.22.2013 | Business

A Houston woman has called a debt collector “cruel” and “despicable” after the collector threatened her sister. Her sister, she says, died ba...

Google's Latest Privacy Snafu

Reuters | Alexei Oreskovic and Michael Sin | Posted 04.17.2013 | Technology

By Alexei Oreskovic and Michael Sin SAN FRANCISCO (Reuters) - Google Inc's privacy practices are drawing heat after an Australian softw...

Your Credit Score May Be Wrong

AP | Posted 04.13.2013 | Business

WASHINGTON — A government study says 20 percent of consumers had an error in a credit report issued by a major agency. The Federal Trade Commis...

IRS Announces Crack Down

AP | CURT ANDERSON | Posted 02.07.2013 | Business

MIAMI -- With tax filing season heating up, an aggressive Internal Revenue Service crackdown is targeting the growing problem of criminals who use sto...

Debt Collection Reforms Are Past Due

Pamela Banks | Posted 04.09.2013 | Business
Pamela Banks

Buying and selling debt has become a big business in the U.S. The FTC found that debt buyers typically purchase portfolios of debt for only four cents on the dollar, on average, and then collect on those debts for the full face value -- which nets them a huge profit.

Tax Relief Scams: Where Crime Does Pay

Don McNay | Posted 04.08.2013 | Business
Don McNay

I saw a "pat on the back" news release from the Federal Trade Commission today: "FTC Settlement: Tax Relief Scammers Agree to Pay More Than $15 Million." If you go down a couple of sentences, it notes that the scheme bilked consumers out of $100 million. Crime does pay.

Multiple Federal Agencies Ponder Relationship of Aggressive Patent Enforcement and Anti-Competition

Christina Gagnier | Posted 04.06.2013 | Technology
Christina Gagnier

The issue of defensive patent enforcement is starting to move beyond consumer technology products.

The Most Misleading Product Claims

24/7 Wall St. | Michael B. Sauter, Samuel Weigley, Alexander E.M. Hess | Posted 01.26.2013 | Business

From 24/7 Wall St.: The Federal Trade Commission recently ruled that advertisements from juice maker POM Wonderful contained health claims that were m...

Are Short Bill Titles a Form of Deceptive Advertising?

Brian Christopher Jones | Posted 03.26.2013 | Politics
Brian Christopher Jones

In this age of tweets and texts, shorter is better. Short titles may serve useful purposes in that they could facilitate discussion and reference to legislation, but such titles often serve another perhaps less noble purpose.

Seller Of Bogus 9/11 Coins To Pay Hefty Price

AP | Posted 01.20.2013 | New York

NEW YORK -- A company that sold Sept. 11 commemorative coins supposedly containing silver from ground zero has agreed to pay $750,000 to settle charge...

Denied Business Credit? Work on These Five Things

Mary Ellen Biery | Posted 03.17.2013 | Small Business
Mary Ellen Biery

If your company recently applied for business credit and was rejected, it's not alone.