Recent News

FTC Chairwoman Releases 2015 Annual Highlights

Federal Trade Commission Chairwoman Edith Ramirez released the FTC’s 2015 Annual Highlights today, featuring some of the agency’s key efforts to benefit consumers and promote competition over the past calendar year. “2015 was another busy year for the FTC...

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FTC Approves Modification of Final Order Related to Pfizer’s 2009 Acquisition of Wyeth

Following a public comment period, the Federal Trade Commission has approved an application by Pfizer Inc. to modify the FTC’s January 2010 final order, which settled the FTC’s competition concerns arising from Pfizer’s 2009 acquisition of Wyeth. The final...

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FTC Returns Money to Consumers Harmed by Mortgage Relief Services Scam

The Federal Trade Commission is mailing 474 checks totaling more than $33,000 to consumers who lost money to a scheme that charged homeowners an up-front fee for mortgage relief services they promised but never provided. In September 2015, a federal court banned...

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FTC Returns Money to Consumers Harmed by Scam That Collected Millions in Phantom Payday Loan Debts

The Federal Trade Commission is mailing 1,701 checks totaling more than $596,000 to consumers who lost money to a fraudulent debt collection scheme that processed payments for payday loan debts they did not owe. In September 2015, a federal court banned Kirit...

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FTC Chairwoman Releases 2015 Annual Highlights

Federal Trade Commission Chairwoman Edith Ramirez released the FTC’s 2015 Annual Highlights today, featuring some of the agency’s key efforts to benefit consumers and promote competition over the past calendar year. “2015 was another busy year for the FTC...

... Read More »

FTC Returns Money to Consumers Harmed by Mortgage Relief Services Scam

The Federal Trade Commission is mailing 474 checks totaling more than $33,000 to consumers who lost money to a scheme that charged homeowners an up-front fee for mortgage relief services they promised but never provided. In September 2015, a federal court banned...

... Read More »

Kia’s $1 billion Mexico plant stalls as `Brazen One’ snubs pact

For Kia, Mexico's historic car boom isn't working out as planned. A dispute with a recently elected state leader may prevent the start of production next month at a northern Mexico car factory representing more than $1 billion in investmentV ... Read More »

GM riles union with decision to scrap Impala output in S. Korea

The trade union that represents most workers at GM's South Korea operations will contest the automaker's decision not to build Impala sedans in the country, amplifying tension in labor relations ahead of annual wage talks between management and... ... Read More »

Calif. Dealer Groups Scores Partial Victory in Lawsuit Against TrueCar

LOS ANGELES — A Los Angeles Superior Court judge has ruled in favor of the California New Car Dealers Association in its lawsuit against TrueCar, allowing the association’s case to proceed after the vehicle-information site sought an injunction against...

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NADA Forges Partnership With MyCarDoesWhat Campaign

LAS VEGAS — The National Automobile Dealers Association (NADA) has announced a partnership with the MyCarDoesWhat campaign — a research-driven campaign created by the National Safety Council and University of Iowa to help raise awareness of new vehicle...

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