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  • 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.

  • FTC sues online dating site for faking profiles Thursday, 30 Oct 2014 | 7:13 PM ET
    Romantic couple hugging

    Free users received bogus messages that appeared to be from interested members, but they had to upgrade their profiles to respond, the suit said.

  • 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.

  • For ex-pot kingpin, new trouble—health supplements Thursday, 4 Sep 2014 | 2:04 PM ET
    Jared Wheat

    Despite a court-ordered recall, a Georgia company's health supplements are still in stores. The CEO, a former pot kingpin, faces a $40 million judgment.

  • Buffett's Berkshire slammed with maximum penalty Wednesday, 20 Aug 2014 | 12:55 PM ET
    Berkshire Hathaway Chairman and CEO Warren Buffett pauses during an interview in New York.

    Warren Buffett's Berkshire Hathaway is paying almost $1 million to the government for failing to make disclosures required by antitrust law ... again.

  • Amazon.com repsonds to FTC suit   Thursday, 10 Jul 2014 | 4:16 PM ET
    Amazon.com repsonds to FTC suit

    CNBC's Julia Boorstin reports Amazon.com has said the FTC's action is "deeply disappointing."

  • FTC sues Amazon.com   Thursday, 10 Jul 2014 | 12:47 PM ET
    FTC sues Amazon.com

    CNBC's Julia Boorstin reports the FTC is suing Amazon.com over in-app purchases by children.

  • FTC sues T-Mobile   Wednesday, 2 Jul 2014 | 11:11 AM ET
    FTC sues T-Mobile

    The FTC has sued T-Mobile for adding bogus fees to bills. The "Squawk Alley" crew and Michael Santoli, Yahoo! Finance senior columnist, discuss how this will impact T-Mobile.

  • L'Oreal settles over ads that FTC called deceptive Monday, 30 Jun 2014 | 4:06 PM ET

    The Federal Trade Commission banned cosmetic company L'Oreal from making claims about anti-aging without offering scientific proof.