Search Results for keywords:"Federal Trade Commission"

The Resilient Infrastructure + Secure Energy Consortium (RISE) has made changes to its membership, as disclosed in a notification filed with the Attorney General and the Federal Trade Commission on January 6, 2025. The filing aims to extend certain legal protections related to antitrust recovery. Newly added members include companies from various locations such as Canada, Utah, Pennsylvania, and New Jersey. Membership in RISE remains open, and future changes will be reported accordingly.

The Federal Trade Commission (FTC) has proposed a consent order to address alleged anticompetitive practices by the private equity firm Welsh, Carson, Anderson & Stowe. The firm was accused of violating several federal laws by consolidating anesthesia services in Texas through its company, U.S. Anesthesia Partners, Inc., which led to increased prices. The proposed order seeks to limit Welsh Carson's influence over this company and requires them to obtain FTC approval for future acquisitions in anesthesia and related medical fields to prevent similar monopolistic behavior. The public has until March 20, 2025, to submit comments on this proposed consent order.

Scott Sheffield, who was previously with Pioneer Natural Resources Company, has requested that the Federal Trade Commission (FTC) rethink and cancel its decision from January 16, 2025, related to Exxon Mobil Corporation’s acquisition of Pioneer. Sheffield argues that the FTC’s order is not grounded in antitrust law and violates both his constitutional rights and due process. He claims that the FTC’s allegations against him, such as coordinating with OPEC on oil production, are baseless and that the order unjustly limits his professional activities. Public comments on this petition are invited and must be submitted by May 12, 2025.

The Pistoia Alliance, Inc. notified the Department of Justice and the Federal Trade Commission about changes in its membership as required by the National Cooperative Research and Production Act of 1993. BLT Fisher, Zuhlke, and RedWrasse Ltd. have joined the organization, while Blue Hat, quattro research GmbH, Charles River Laboratories, and Discngine have left. This notification aims to maintain the Act's protection, which limits the damages that can be claimed by antitrust plaintiffs. The membership remains open, and further updates will be submitted regarding any future changes.

ODVA, Inc. has filed notifications with the Attorney General and the Federal Trade Commission about changes in its membership under the National Cooperative Research and Production Act. This filing limits the recovery of antitrust plaintiffs to actual damages in certain situations. New members added to the group include companies from Japan, Malta, the United States, Germany, the United Kingdom, and Sweden, while companies from South Korea and the United States have withdrawn. The membership remains open, and future notifications will be made for any changes.

On April 1, 2025, Countering Weapons of Mass Destruction (CWMD) filed notifications with the Attorney General and the Federal Trade Commission about changes in its membership. New members like LifePort LLC and others have joined, while companies such as General Atomics and TIAX LLC have left. These notifications are aimed at taking advantage of the Act's provision limiting antitrust plaintiffs to actual damages. CWMD plans to keep membership open and will report further changes in the future.

The Defense Electronics Consortium (DEC) has filed notifications with the Attorney General and the Federal Trade Commission regarding changes in its membership under the National Cooperative Research and Production Act of 1993. This filing aims to ensure that antitrust plaintiffs can only recover actual damages under certain conditions. DEC has stated that it is no longer accepting new members but will continue updating membership changes. Previous notifications have been noted in the Federal Register on different dates, highlighting the organization's compliance with regulatory requirements.

The Federal Trade Commission (FTC) has reached a proposed consent agreement with Tapjoy, Inc. to resolve allegations of deceitful practices in its mobile gaming advertising platform. The FTC claims Tapjoy misled consumers by promoting false offers of in-app rewards that were often not delivered, causing harm to both gamers and game developers. The proposed order requires Tapjoy to prevent such deceptive practices by ensuring accurate reward representations and providing a clear method for consumers to report issues. The Commission has invited public comments on this proposal until February 12, 2021.

The Information Warfare Research Project Consortium (IWRP) has updated its membership, filing notifications with the Attorney General and the Federal Trade Commission. Several companies have joined the consortium, including Belle Artificial Intelligence Corporation and General Electric Company, while others like Attollo, LLC and Cask Technologies have withdrawn. These changes are meant to extend protections under the National Cooperative Research and Production Act, which limits recovery for antitrust plaintiffs to actual damages under certain conditions. The consortium remains open to new members, and further changes will be disclosed in future notifications.

The Federal Trade Commission (FTC) has introduced a final rule called the Rule on Unfair or Deceptive Fees. This rule aims to prevent businesses from misleading consumers about the prices of live-event tickets and short-term lodging. It requires businesses to clearly disclose the total price that includes all mandatory fees, to avoid bait-and-switch tactics that hide the real cost. The rule also prohibits businesses from lying about the nature, purpose, amount, or refundability of these fees, ensuring that consumers have a true understanding of the cost before making a purchase.