On November 16, Guidance Software Inc. agreed to settle Federal Trade Commission charges that its failure to take reasonable security measures to protect sensitive customer data contradicted security promises made on its Web site and violated federal law. According to the FTC, Guidance’s data-security failure allowed hackers to access sensitive credit card information for thousands…
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On November 16, the Senate voted unanimously to confirm FCC chairman Kevin Martin to a second five-year term, according to the office of Senate Commerce Committee chairman Ted Stevens (R-Alaska). Martin was nominated by President George W. Bush to a Republican seat on the Commission and sworn in on July 3, 2001. Bush named him…
Continue reading ›Federal Trade Commission Chairman Deborah Platt Majoras announced on November 14 that Mary Beth Richards will join the agency as Deputy Director of the Bureau of Consumer Protection. Richards comes to the FTC from the Federal Communications Commission, where she served as Deputy Bureau Chief and Chief of Staff in the Consumer and Governmental Affairs…
Continue reading ›On November 14, the European Commission approved the merger of Gaz de France (“GDF”) and the Suez group. After an in-depth investigation, the Commission initially found that the deal would have anticompetitive effects in the gas and electricity wholesale and retail markets in Belgium and in the gas markets in France. The Commission’s concerns related…
Continue reading ›On November 13, a U.S. District Court shut down an operation that secretly downloaded multiple malevolent software programs, including spyware, onto millions of computers without consumers’ consent, degrading their computers’ performance, spying on them, and exposing them to a barrage of disruptive advertisements. The Federal Trade Commission asked the court to order a permanent halt…
Continue reading ›Wireless technology giant Qualcomm said on November 10 that the Japan Fair Trade Commission might investigate the company’s licensing and business practices. The antitrust regulatory agency notified the company that it might launch an investigation. The agency did not give a start date or disclose which company or companies filed complaints.If Japan’s Fair Trade Commission…
Continue reading ›On November 9, the European Commission approved the proposed acquisition of Fisher Scientific International Inc. by Thermo Electron Corporation. Both companies are based in the United States and supply products and services for laboratory activities. The Commission’s clearance is conditional upon the divestiture of Genevac, Fisher’s subsidiary active in the production and sale of centrifugal…
Continue reading ›The European Commission cleared the proposed acquisition by the Dutch company Philips of the US-based company Intermagnetics on November 7. After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area or any substantial part of it.Philips markets a wide range of electrical and electronic…
Continue reading ›Following her meeting in Brussels on November 7 with Antonio Di Pietro, Italy’s Minister for Public Works, European Commissioner for Competition Neelie Kroes expressed her satisfaction that the Italian authorities removed what the Commission considered to be unjustified obstacles to a merger between Abertis of Spain and Autostrade of Italy. Commissioner Kroes also welcomed Mr…
Continue reading ›A company that sent unsolicited commercial e-mail after consumers asked it to stop agreed to pay a $50,717 civil penalty on November 6 to settle Federal Trade Commission charges that it violated federal law. The FTC charged Yesmail Inc., doing business as @Once Corporation, with sending e-mail on behalf of its clients more than 10…
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