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  • U.S. settles lawsuit with T-Mobile US over cramming Friday, 19 Dec 2014 | 12:12 PM ET

    WASHINGTON, Dec 19- T-Mobile US has agreed to settle a lawsuit filed by the U.S. government over unauthorized charges placed on customers' bills, a practice known as cramming, and to pay at least $90 million in refunds and fines, two U.S. government agencies said on Friday. T-Mobile USA received 35 to 40 percent of the amount charged, the Federal Trade Commission said...

  • WASHINGTON, Nov 26- Medtronic Inc has won U.S. antitrust approval to buy Dublin- based Covidien Plc on condition that it sell its drug-coated balloon catheter business, the Federal Trade Commission said on Wednesday. Medtronic and Covidien shareholders will vote on the merger on Jan. 6. Medtronic is the world's largest stand-alone medical device maker, with a...

  • WASHINGTON, Nov 26- Switzerland's Novartis AG has agreed to sell its nicotine patch, Habitrol, in order to win U.S. antitrust approval for a consumer healthcare joint venture with Britain's GlaxoSmithKline, the U.S. Federal Trade Commission said on Wednesday. The deal is part of a three-way transaction unveiled in April, which includes GSK buying Novartis'...

  • FEDERAL TRADE COMMISSION SETTLES WITH SONY COMPUTER ENTERTAINMENT, AD AGENCY REGARDING FALSE ADVERTISING OF PLAYSTATION VITA HANDHELD GAMING CONSOLE.

  • WASHINGTON, Nov 25- Sony Computer Entertainment has agreed to settle allegations that it misled consumers about features of its PlayStation Vita handheld gaming console, the Federal Trade Commission said on Tuesday. As part of the settlement, Sony will stop making the inaccurate claims and will give people who had purchased the device either a $25 refund or...

  • Nov 21- Sysco Corp, the biggest U.S. food distributor, is in advanced talks to sell some assets to a food company owned by Blackstone Group in order to win regulatory approval for its acquisition of US Foods Inc, the New York Post reported, citing sources. Once Sysco strikes a deal to divest some assets, the Federal Trade Commission is expected to clear the acquisition,...

  • WASHINGTON, Nov 19- Credit monitoring company One Technologies LP will refund $22 million to customers to settle U.S government allegations that its websites inadequately disclosed its charges for credit scores, the two sides said on Wednesday. A draft complaint from the U.S. Federal Trade Commission alleged that the Dallas- based privately held company...

  • SAN FRANCISCO/ WASHINGTON, Nov 13- The U.S. Federal Trade Commission is seeking assurances from Apple Inc that it will prevent sensitive health data collected by its upcoming smartwatch and other mobile devices from being used without owners' consent, two sources told Reuters. The two people, both familiar with the FTC's thinking, said Apple representatives...

  • WASHINGTON, Nov 6- The controversial patent assertion company MPHJ Technology Investments has reached an agreement with U.S. authorities barring it from using phony legal threats to demand patent licensing fees from small businesses, the Federal Trade Commission said on Thursday. "A patent is not a license to engage in deception," said Jessica Rich, director of...

  • WASHINGTON, Nov 6- The U.S. Federal Trade Commission has for the first time taken action against a patent assertion entity under its consumer protection authority, the agency said on Thursday. The FTC said MPHJ Technology Investments LLC had agreed to settle charges that they used deceptive sales claims and phony legal threats in letters that accused...

  • FEDERAL TRADE COMMISSION SETTLEMENT BARS PATENT ASSERTION ENTITY FROM USING DECEPTIVE TACTICS.

  • WASHINGTON, Oct 30- The U.S. government is suing baby food maker Gerber, owned by Nestle SA, alleging it advertised that its Good Start Gentle formula would reduce the risk of a baby developing allergies despite having no proof for the claim. The Federal Trade Commission, which filed the lawsuit on Wednesday, said Gerber put stickers on the baby food which said the...

  • WASHINGTON, Oct 30- The U.S. government is suing baby food maker Gerber, owned by Nestle SA, alleging it advertised that its Good Start Gentle formula would reduce the risk of a baby developing allergies despite having no proof for the claim. The Federal Trade Commission, which filed the lawsuit on Wednesday, said Gerber put stickers on the baby food which said the...

  • WASHINGTON, Oct 28- The U.S. government sued AT&T Inc on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data. The Federal Trade Commission said this throttling of Internet feeds was deceptive and that in some cases data speeds were slowed by nearly...

  • WASHINGTON, Oct 28- The U.S. government filed a lawsuit against AT&T Inc on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would reduce their Internet speeds once they exceeded a certain amount of data. The Federal Trade Commission said that this "throttling" of Internet feeds was deceptive and that in some cases data...

  • WASHINGTON, Oct 28- The U.S. government filed a lawsuit against AT&T Inc on Tuesday, alleging the No. 2 U.S. wireless carrier sold consumers unlimited data plans but would slow their Internet down once they used a certain amount of data. The Federal Trade Commission, which filed the lawsuit, said that this "throttling" of Internet feeds was deceptive and said that in...

  • WASHINGTON, Oct 28- The U.S. government filed a lawsuit against AT&T Inc on Tuesday, alleging that the No. 2 U.S. wireless carrier sold consumers unlimited data plans but then would slow their Internet down once they used a certain amount of data. The Federal Trade Commission, which filed the lawsuit, said that this "throttling" of Internet feeds was deceptive, and said...

  • LONDON/ BRUSSELS, Oct 28- Oil majors BP and Statoil said the U.S. Federal Trade Commission was closing a probe into anticompetitive practices in oil price reporting, while a European official said the EU investigation was still going on. European Commission officials in May 2013 raided the offices of oil majors BP, Shell and Statoil as part of an investigation of...

  • LONDON, Oct 28- BP said on Tuesday it was told by the U.S. Federal Trade Commission it was closing its probe into anticompetitive practices in oil price reporting and assessment, but other regulators were still investigating. European Commission officials in May 2013 raided the offices of oil majors BP, Shell and Statoil as part of a probe into suspected...

  • LONDON, Oct 28- BP said on Tuesday it was told by the U.S. Federal Trade Commission it was closing its investigation into anticompetitive practices in oil price reporting and assessment. European Commission officials in May 2013 raided the offices of oil majors BP, Shell and Statoil as part of a probe into suspected manipulation of oil and biofuel prices.