The FTC filed complaints on January 4th, in four separate cases alleging that weight-loss and weight-control claims were not supported by competent and reliable scientific evidence. Marketers of the four products -Xenadrine EFX, CortiSlim, TrimSpa, and One-A-Day WeightSmart -settled with the FTC, surrendered cash and other assets worth at least $25 million, and agreed to…
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On December 29, the Federal Trade Commission announced its decision to challenge the conduct of several organizations representing more than 2,900 independent Chicago-area physicians for agreeing to fix prices and for refusing to deal with certain health plans except on collectively determined terms. The FTC’s complaint charges that the actions of Advocate Health Partners (“AHP”)…
Continue reading ›The FCC finally approved AT&T Inc.’s (“AT&T) merger with BellSouth Corp. (“BellSouth”) late on December 29, with the telephone companies agreeing to several conditions, including a controversial network neutrality provision aimed at protecting Web players such as Microsoft and Google. AT&T was eager to close the $80 billion-plus deal for several months. FCC approval was…
Continue reading ›On December 28, the Commission announced its decision to challenge General Dynamics’ proposed $275 million acquisition of SNC Technologies, Inc. and SNC Technologies, Corp. (collectively, SNC). The FTC’s complaint alleged that the deal would undermine competition by bringing together two of only three competitors providing the U.S. military with melt-pour load, assemble, and pack (LAP)…
Continue reading ›On December 22, the Commission received a petition from Service Corporation International (SCI) and Alderwoods Group, Inc. seeking approval to divest to Keystone America, Inc., a wholly owned subsidiary of Keystone North America, Inc., the following companies and properties: 1) Hankins & Whittington-Dilworth Chapel, Charlotte, North Carolina; 2) Bush River Memorial Gardens, Columbia, South Carolina;…
Continue reading ›On December 21, the DOJ announced that in 2006 the Antitrust Division marked its second highest level of criminal fines obtained in Division history. The Division also experienced increases in merger filings and entered into more merger settlements than the previous two years combined. Further, the Division supported initiatives to improve the analysis of civil…
Continue reading ›At the request of the Federal Trade Commission, on December 20, a federal court shut down a payment processing operation that allegedly helped fraudulent telemarketers take millions of dollars from consumers’ bank accounts. According to the FTC’s complaint, since at least January 2003 the operation has aided at least nine Canada-based, advance-fee credit card schemes…
Continue reading ›Local governments will have 90 days to act on cable-franchise applications filed by AT&T Inc., Verizon Communications and other entities with existing rights to access city-owned conduits, the FCC ruled in an action on December 20 that split the agency along partisan lines. With support from major phone firms, FCC chairman Kevin Martin championed franchise…
Continue reading ›On December 20, the Commission received a petition from Service Corporation International (SCI) and Alderwoods Group, Inc. seeking approval to divest: 1) Conroe Memorial Park, Conroe, Texas; 2) Harper-Talasek Funeral Home, Killeen, Texas; 3) Palmer Mortuary, Sequin, Texas; 4) Trevino Funeral Home, Brownsville, Texas; 5) Darling-Mouser Funeral Home, Brownsville, Texas; 6) Elmwood Funeral Home, Abilene,…
Continue reading ›On December 19, the Commission received a petition from Service Corporation International (SCI) and Alderwoods Group, Inc. seeking approval of a proposed divestiture related to SCI’s recent acquisition of Alderwoods. In the FTC’s consent agreement and order allowing the transaction to proceed with conditions, SCI and Alderwoods were required to divest a range of funeral…
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