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  • The investigation led by the Federal Trade Commission and law enforcement resulted in 252 enforcement actions and $2.6 million in consumer refunds and fees. Officials say the more recent investigation in U.S. and Canada involved the Justice Department and state prosecutors. "The clear message is that across this country, and indeed internationally, law...

  • Feds investigate safety of Lumber Liquidators flooring Wednesday, 25 Mar 2015 | 10:11 AM ET

    The agency is working with other federal organizations such as the Environmental Protection Agency, the Centers for Disease Control and Prevention, as well as the Federal Trade Commission. The move comes after a report on CBS' "60 Minutes" earlier this month that said that Lumber Liquidators' laminate flooring made in China contains high levels of formaldehyde,...

  • NEW YORK— Shares of Lumber Liquidators fell Monday after a second U.S. senator called for an investigation into the safety of laminate flooring made in China. He also recommended that the Federal Trade Commission should investigate whether Lumber Liquidators' marketing was unfair or deceptive. Earlier this month CBS' "60 Minutes" broadcast a report that said...

  • SAN FRANCISCO, March 19- Key staff members at the U.S. Federal Trade Commission were in favor of suing Google Inc for violating antitrust rules before the agency settled its investigation in 2013, according a confidential report cited by the Wall Street Journal on Thursday. The report recommended suing Google for several of its business practices.

  • SAN FRANCISCO, March 19- Staff at the U.S. Federal Trade Commission were in favor of suing Google Inc for violating antitrust rules before the agency settled its investigation in 2013, according a confidential report cited by The Wall Street Journal on Thursday. The report recommended suing Google for several of its business practices. The FTC settled its...

  • The outlook excludes costs related to the company's $6.3 billion acquisition of smaller rival Office Depot Inc, which is being examined by the U.S. Federal Trade Commission. The anti-trust watchdog is widely expected to approve the deal, which would leave the United States with a single specialty office-supplies retailer to compete with big-box chains such...

  • WASHINGTON, Feb 25- The U.S. Supreme Court on Wednesday ruled that a North Carolina state dental board does not have the authority to regulate teeth-whitening services, accepting the federal government's claim that the system is anticompetitive because dentists sit on the panel. The court, on a 6-3 vote, ruled for the U.S. Federal Trade Commission, which had...

  • WASHINGTON, Feb 25- The U.S. Supreme Court on Tuesday ruled that a North Carolina state dental board does not have the authority to regulate teeth-whitening services, accepting the federal government's claim that the system is anticompetitive because dentists sit on the panel. The court, on a 6-3 vote, ruled for the U.S. Federal Trade Commission, which had decided...

  • WASHINGTON, Feb 23- Novartis AG has won U.S. antitrust approval to buy GlaxoSmithKline's oncology drugs, with conditions, the U.S. Federal Trade Commission said on Monday. The deal is one of three related transactions announced in April 2014 in which GlaxoSmithKline would buy Novartis' global vaccine business, except for flu vaccines, Novartis would buy Glaxo's...

  • WASHINGTON, Feb 20- Sysco Corp is not holding settlement talks with the U.S. government to resolve a lawsuit aimed at stopping a $3.5 billion merger of the food distributor and its largest rival, a lawyer for Sysco said on Friday. The Federal Trade Commission has filed a complaint aimed at blocking Sysco's purchase of U.S. Foods Inc. The FTC said the deal would give...

  • NEW YORK/ WASHINGTON, Feb 19- The U.S. government filed a lawsuit on Thursday seeking to block Sysco Corp's proposed takeover of rival food distributor US Foods Inc, saying the $3.5 billion deal would "eliminate significant competition" in the sector. Sysco's share price was down 3.4 percent for the day, initially on concerns that the Federal Trade Commission was...

  • NEW YORK/ WASHINGTON, Feb 19- The U.S. government filed a lawsuit on Thursday seeking to block a merger of the nation's two largest food distributors, US Foods Inc and Sysco Corp, which said it will fight the Federal Trade Commission action. Sysco and US Foods unveiled their $3.5 billion deal in December 2013. The FTC announcement sent Sysco's stock price lower, with...

  • UPDATE 1-FTC sues to block Sysco-US Foods merger Thursday, 19 Feb 2015 | 2:29 PM ET

    NEW YORK/ WASHINGTON, Feb 19- The Federal Trade Commission said on Thursday it has filed a lawsuit seeking to block a merger of Sysco Corp and US Foods Inc. Sysco and US Foods, the largest U.S. food distributors and the only ones with national reach, announced the $3.5 billion deal in December 2013. The tie-up has been controversial because Sysco and US Foods are the...

  • U.S. sues to stop proposed merger of Sysco, US Foods Thursday, 19 Feb 2015 | 2:15 PM ET

    WASHINGTON, Feb 19- U.S. antitrust regulators filed a lawsuit on Thursday aimed at stopping food distribution giant Sysco Corp from purchasing smaller rival US Foods, the Federal Trade Commission said on Thursday. Sysco and US Foods, the largest U.S. food distributors and the only ones with national reach, announced the $3.5 billion deal in December 2013.

  • Feb 19- The U.S. Federal Trade Commission is expected to file a lawsuit as early as Thursday seeking to block a merger of Sysco Corp and U.S. Foods, according to a person briefed on the matter. Representatives for the Federal Trade Commission declined to comment. Sysco and U.S. Foods did not immediately respond to requests for comment.

  • Zillow says Trulia deal may close next week Friday, 13 Feb 2015 | 6:00 PM ET

    Feb 13- Zillow Inc said the Federal Trade Commission has decided to not take any action against real estate website operator's acquisition of Trulia Inc, and the company now expects to close the deal as early as Tuesday. Zillow shares were up 6 percent in extended trading on Friday. Zillow also reported a 58 percent jump in quarterly revenue on Friday, driven by a 41...

  • Feb 3- Discount store chain Dollar Tree Inc said it may have to divest more than the 300 stores it had expected, to buy Family Dollar Stores Inc, as U.S. antitrust regulators were reviewing more than 500 of its stores. The U.S. Federal Trade Commission may identify more stores for review in the future and the number of stores Dollar Tree may have to shed could increase,...

  • Feb 2- Food distributor Sysco Corp said it would sell 11 distribution centers run by takeover target US Foods Inc to Performance Food Group to satisfy antitrust concerns. Sysco's $3.5 billion offer for US Foods is awaiting approval from the Federal Trade Commission as the deal would combine the two largest U.S. food distributors. Sysco and US Foods are the only...

  • WASHINGTON, Jan 30- Food distributor Sysco Corp and its biggest rival, US Foods Inc, have offered to sell a smaller competitor 11 facilities in order to convince skeptical antitrust regulators to approve their $3.5 billion merger, a source briefed on the matter told Reuters. To overcome Federal Trade Commission concerns, the companies have offered to sell 11...

  • WASHINGTON, Jan 30- Pomegranate juice maker POM Wonderful cannot advertise that its pomegranate drinks treat or prevent heart disease or other ailments unless it has proof, a U.S. appeals court said Friday, upholding an order by the Federal Trade Commission. The U.S. Court of Appeals for the D.C. Circuit largely upheld a 2010 order by the Federal Trade Commission,...