Search Results for keywords:"unfair methods of competition"

The Federal Trade Commission (FTC) has accepted a proposed consent agreement to address anticompetitive practices by Guardian Service Industries, Inc. The company was found to have used "No-Hire Agreements" that prevented other businesses from hiring its employees, which the FTC claims are unfair methods of competition under federal law. The proposed consent order will make these agreements void and includes measures to inform affected parties. Some FTC commissioners have expressed dissent, arguing that there was insufficient evidence of antitrust violations. The public can submit comments on this proposed agreement until January 6, 2025.

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.

The Federal Trade Commission (FTC) is seeking public comments on a proposed consent agreement with Planned Companies, related to alleged anti-competitive practices. The agreement addresses the use of "No-Hire Agreements" by Planned Companies, which restricted other businesses from hiring their employees, potentially violating competition laws. The proposed order requires Planned Companies to stop enforcing these agreements and inform both their customers and employees that the restrictions are no longer valid. Public comments are open until February 5, 2025, and the FTC will use the feedback to decide whether to finalize the order.