Search Results for keywords:"Federal Trade Commission"

The Federal Trade Commission (FTC) issued a notice about granting requests for early termination of the waiting period required under premerger notification rules. This process is part of the FTC's oversight of company mergers to ensure they do not lessen market competition. The contact for more information is Theresa Kingsberry at the FTC's Premerger Notification Office.

Chevron Corporation and Hess Corporation have requested the Federal Trade Commission (FTC) to review and nullify a previous order from January 17, 2025. This order stopped Chevron's efforts to appoint Hess CEO John B. Hess to Chevron's board following their merger, which was seen as potentially harming competition by increasing industry coordination. Chevron and Hess argue that the order lacks a valid antitrust basis, claiming that Mr. Hess's role would not significantly affect competition or oil prices, and that removing the order would be in the public interest to enhance U.S. energy production. The FTC is inviting the public to comment on this petition until May 12, 2025.

Enbridge Inc. has submitted a petition to the Federal Trade Commission (FTC) to reopen and cancel an order from March 22, 2017, which dealt with Enbridge's involvement in competing natural gas pipelines. The petition argues that the order is no longer necessary because Enbridge no longer has an indirect ownership in the Discovery Pipeline following its sale to Williams Companies, Inc. Enbridge believes that these changed conditions eliminate the concerns that led to the original order and requests that it be set aside to avoid unnecessary costs and burdens. Public comments on this petition are being accepted until March 3, 2025.

The Federal Trade Commission (FTC) is asking for public comments on its plan to extend the Paperwork Reduction Act clearance for three more years, which affects businesses that sell products by mail, internet, or phone. This extension involves the collection of information under the Mail, Internet, or Telephone Order Merchandise Rule (MITOR), specifically concerning shipment promises, notifying buyers of shipment delays, and issuing refunds. The FTC is gathering opinions on whether these requirements are necessary, the accuracy of their cost and time estimates, and how to lessen the burden on businesses. Comments can be submitted online or by mail before June 24, 2025.

The Information Warfare Research Project Consortium (IWRP) has informed 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. Some companies, such as Advanced Computer Concepts, Inc., have joined the consortium, while others, like Addx Corp., have withdrawn. The changes aim to ensure that any possible damages from antitrust lawsuits are limited to actual damages within specific contexts. IWRP's membership remains open, and they plan to keep updating the authorities on any further changes.

The National Fire Protection Association (NFPA) submitted notifications to the Attorney General and the Federal Trade Commission regarding updates to its standards development activities, in compliance with the National Cooperative Research and Production Act of 1993. This submission aims to extend the Act's protection which limits antitrust plaintiffs' recovery to actual damages under certain conditions. The NFPA's standards and related activities are publicly available on their website. Previous notifications and updates have been regularly published in the Federal Register.

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.

The Federal Trade Commission (FTC) is asking for a three-year extension from the Office of Management and Budget (OMB) for the clearance of information collection requirements related to the Amplifier Rule, which concerns power output claims for amplifiers in home entertainment products. This clearance, initially expiring on January 31, 2021, helps standardize the measurement and disclosure of these products' features, aiding consumers in making informed purchases. The FTC invites public comments on this extension by February 22, 2021. The deadline extension aims to continue ensuring manufacturers provide consistent information about amplifiers, improving transparency and consumer trust.

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 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.