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FILTER RESULTS ►At the FTC, Lawyers Cycle In and Out of Top Spots
The revolving door between the Federal Trade Commission and big firms is spinning briskly with news that former chairman Jon Leibowitz is joining Davis Polk & Wardwell as a partner and Deborah Feinstein will leave Arnold & Porter to head...
Former FTC Chairman Joins Davis Polk
Bloomberg News Jon Leibowitz departed the FTC in February.
Recent Federal Trade Commission chairman Jon Leibowitz is moving from Official Washington to the world of Big Law, joining law firm Davis Polk & Wardwell LLP.
The firm said Mr. Show More Summary
Repost: The Pay-for-Delay Tactic
Today, the Supreme Court ruled in favor of the Federal Trade Commission in its lawsuit against Actavis over so-called pay-for-delay tactics (PDF of Opinion). That is, paying money to a generic manufacturer to delay production of a drug …
Former FTC Chairman Jon Leibowitz to Join Davis Polk
Jon Leibowitz, former chairman of the Federal Trade Commission, will join Davis Polk and Wardwell as a partner, the law firm announced Monday. Leibowitz left the F.T.C. in February, and will join Davis Polk's antitrust team advising primarily in the area of privacy law.
FTC Can Sue Firms In 'Pay For Delay' Drug Deals, Court Rules
The ruling may end the era of what are also called "reverse-payment" deals, in which the maker of a brand-name drug pays a maker of generic drugs to not produce a lower-priced version of their product. The Federal Trade Commission can challenge such deals in court, the justices say.
Supreme Court Tells FTC And Drug Industry To Go To War
The Supreme Court just issued its ruling in Federal Trade Commission v., a case that could have far-reaching effects on the pharmaceutical industry. The ruling can be found here. The case deals with what has colloquially become known as a pay-to-delay deal. Generics in the U.S. launch via a unique system created by the [...]
Pinnacle Gets Preliminary FTC Approval of Ameristar Acquisition
Pinnacle Entertainment has reached an agreement in principle with the Bureau of Competition of the Federal Trade Commission that would allow the company to complete its proposed acquisition of Ameristar Casinos, Pinnacle announced today. Late...Show More Summary
READ: The Supreme Court rules against big pharma
The court is allowing the Federal Trade Commission to keep pursuing pharmaceutical companies for “pay to play” arrangements, wherein the companies pay generic manufacturers to keep cheap versions of drugs off the market. The case is FTC v. Actavis. Stephen … Continue reading ?
Herbalife Under Fire from California Congresswoman
U.S. Representative Linda Sanchez has sent a letter to the Federal Trade Commission (FTC) requesting that the agency begin an investigation into allegations that Herbalife Ltd. (NYSE: HLF) is a pyramid scheme. The allegations were first...Show More Summary
California Congresswoman Asks The FTC To Investigate Herbalife
Congresswoman Linda Sanchez (D-CA) sent a letter to the Federal Trade Commission urging them to investigate Herbalife to see whether or not the nutrition supplements seller is a pyramid scheme. Herbalife, which is headquartered in California,...Show More Summary
California Rep. Linda Sanchez asks FTC to investigate Herbalife
A California congresswoman asked the Federal Trade Commission to investigate allegations that Herbalife Ltd. operates a well-disguised pyramid scheme that victimizes “our country’s most vulnerable populations.”
Federal Trade Commission Backs Uber in Concerns Over D.C.'s New Taxi Rules
The FTC backed many of the concerns over new taxi regulations raised by the combative livery-by-smartphone company. [ more › ]
How An Obscure Court Case Could Result In Zero Consumer Cybersecurity Enforcement
In 2012, the Federal Trade Commission (FTC) filed suit against Wyndham Hotels and its subsidiaries, alleging Wyndham’s failure to prevent a series of cybersecurity breaches resulting in the export of the credit card data of hundreds of thousands of consumers to Russia and at least $10.6 million in fraudulent charges constituted unfair and deceptive practices. [...]
FTC Shines in Teeth Whitening Case in Appeals Court
The Federal Trade Commission has reason to smile after an appellate win in a case involving an attempt by dentists in North Carolina to corner the market on teeth whitening services. It's the agency’s second recent victory in a case...
Federal Regulators Don’t Even Know How To Blow Their Noses
Has the federal government been deprived of tissue boxes?
Continue reading » Follow Above the Law on Twitter or become a fan on Facebook. Tags: Commodity Futures Trading Commission, Ewwww, Federal Government, Rudeness
Kellogg Finally Settles “Frosted Mini-Wheats Don’t Make You Smarter” Class Action Lawsuit
Way back in 2009, Kellogg Company reached an agreement with the Federal Trade Commission to stop advertising its Frosted Mini-Wheats cereal as some kind of magical brain booster that would make kids smarter. But it’s taken four years for that issue to finally be put to bed after finally reaching a $4 million settlement in a class action lawsuit related … [More]
Standards & Compliance Briefing: FTC Forestry Complaint, Grocery Stewardship, ISO 14001
Here’s the latest standards and compliance news affecting corporate environmental and energy executives. Today’s briefing includes eight items. Environmental group ForestEthics filed a complaint with the Federal Trade Commission, asking the agency to investigate the Sustainable Forestry Initiative under the terms of the FTC Green Guides. Show More Summary
Lawmaker asks Justice Department to investigate JPMorgan power trading
NEW YORK (Reuters) - A Congressman on Wednesday called on the Department of Justice to investigate JPMorgan Chase & Co's power trading in Michigan, as the Federal Energy Regulatory Commission (FERC) considers whether to sanction the firm.
FTC Clears Bayer's Purchase of Conceptus
John MacDougal, AFP/Getty Images
NEW YORK -- The German drug company Bayer AG has received antitrust clearance from the Federal Trade Commission for its approximately $1.1 billion acquisition of Conceptus.
Bayer announced the deal last...Show More Summary
Google Facing U.S. Antitrust Probe Over Display Ad Sales
The U.S. Federal Trade Commission is on the brink of launching a fresh antitrust probe into Google, over alleged misconduct over how it handles its display advertising business. The probe was spurred on by competing display advertising firms.
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