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  • March 30- Pfizer Inc and Allergan Plc said they have received a request for additional information from the U.S. Federal Trade Commission with respect to their merger. The FTC's request for information extends the waiting period required under antitrust rules to 30 days, after the companies have provided the information. The companies said the request was...

  • WASHINGTON, March 29- The U.S. Federal Trade Commission filed suit on Tuesday against Volkswagen AG for falsely advertising that hundreds of thousands of its diesel vehicles were environmentally friendly, when the German automaker knew they were actually emitting excess pollution. The FTC filed suit in U.S. District Court in San Francisco, saying that U.S....

  • WASHINGTON, March 29- The U.S. Federal Trade Commission filed suit Tuesday against Volkswagen AG for falsely advertising that hundreds of thousands of diesel vehicles were environmentally friendly, when they were secretly emitting excess pollution. The FTC filed suit in U.S. District Court in San Francisco, saying that U.S. consumers suffered "billions of...

  • Judge criticises FTC in SPLS/ODP merger

    Julie Brill, FTC Commissioner, and Steve Odland, CNBC Contributor and former Office Depot CEO, discuss the FTC's opposition of the proposed merger between Staples and Office Depot on antitrust allegations.

  • WASHINGTON, March 22- One of the commissioners on the Federal Trade Commission, Julie Brill, will resign and leave the U.S. agency at the end of March, the FTC said in a statement on Tuesday. It is headed by Chairwoman Edith Ramirez, a Democrat. The other members are Terrell McSweeny, also a Democrat, and Maureen Ohlhausen, a Republican.

  • WASHINGTON, March 21- The fate of Staples Inc's planned merger with Office Depot Inc, which U.S. antitrust regulators have sued to stop, depends in part on whether a district court judge decides that Amazon.com Inc will soon become a behemoth in the office supply business. In opening arguments on Monday in the court fight between the Federal Trade Commission and...

  • The Federal Bureau of Investigation raided Tiversa's Pittsburgh headquarters in early March and seized documents, the people said. The Justice Department's criminal investigation of Tiversa began after Richard Wallace, a former Tiversa employee, alleged in a 2015 Federal Trade Commission hearing that the cybersecurity firm gave the agency doctored...

  • WASHINGTON, March 15- Lord& Taylor, which is owned by Hudson's Bay Co, has settled with a U.S. regulator over the store's decision to advertise in an online magazine without disclosing the article as advertising, the Federal Trade Commission said on Tuesday. Lord& Taylor caught the attention of the agency when they paid for an article in the online fashion...

  • Lord and Taylor

    The FTC charges that Lord & Taylor deceived consumers by paying for an article in Nylon magazine without disclosing its role.

  • WASHINGTON, March 9- U.S. antitrust enforcers are dealing with a "tsunami" of high-value, complicated mergers that have stretched their resources, the heads of the two U.S. competition regulators told lawmakers on Wednesday. Bill Baer, head of the Justice Department's Antitrust Division, and Edith Ramirez, chairwoman of the Federal Trade Commission, told a Senate...

  • Larry Compeau, a marketing professor and pricing expert, on campus at Clarkson University in Potsdam, N.Y., Feb. 22, 2016. Online retailers’ “list prices” may help shoppers feel they are getting a deal, but they are increasingly invented.

    In an emerging era of e-commerce, are online shoppers actually getting a deal? A New York Times article explores comparative retail prices.

  • WASHINGTON, Feb 25- Herbalife Ltd is in talks with government regulators regarding a probe of the company's business practices and said that the outcome of the talks was uncertain, the company said in a filing on Thursday. The Federal Trade Commission opened a probe of Herbalife following allegations by hedge fund manager William Ackman that it had a...

  • Herbalife Plaza in Torrance, California.

    Herbalife soundly beat Wall Street expectations Thursday, reporting earnings per share of $1.19.

  • An employee fixes part of a web server inside the Facebook Inc. Prineville Data Center in Prineville, Oregon.

    It turns out that social media patterns aren't great at predicting a person's creditworthiness, The Wall Street Journal reports.

  • FEDERAL TRADE COMMISSION SAYS ASUSTEK COMPUTER AGREES TO SETTLE CHARGES THAT HOME ROUTERS, CLOUD SERVICES PUT CONSUMER PRIVACY AT RISK.

  • WASHINGTON, Feb 23- The U.S. Federal Trade Commission said on Tuesday that Taiwan- based Asustek Computer Inc had agreed to settle charges that security flaws in its routers had put the home networks of thousands of consumers at risk. The insecure nature of the routers' cloud services had compromised consumers' storage devices by exposing their personal...

  • Feb 19- India's Lupin Ltd will divest two generic drugs sold by Gavis Pharmaceuticals LLC to clear antitrust hurdles related to its $880 million acquisition of the company, the U.S. Federal Trade Commission said on Friday. The two drugs, used to treat bacterial infections and ulcerative colitis, will be sold to New Jersey- based generic drugmaker G&W...

  • Humana and Aetna signage.

    Major health insurers are still a long way from gaining federal approval for their mergers, but they're optimistic their deals will close by year-end.

  • WASHINGTON, Jan 28- General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc, will settle allegations they advertised that they sold carefully inspected cars that in fact had unrepaired safety recalls, the Federal Trade Commission said on Thursday. GM paid more than $2 billion in total costs connected to its recall of older...

  • WASHINGTON, Jan 28- General Motors Co and two dealership companies, Jim Koons Management and Lithia Motors Inc, will settle allegations they advertised that they sold carefully inspected cars that in fact had unrepaired safety recalls, the Federal Trade Commission said on Thursday. GM paid more than $2 billion in total costs connected to its recall of older...