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The FTC Act does not give consumers the right to sue for violations of the act, but consumers may complain to the Commission about acts or practices they believe to be unfair or deceptive. [14] Consumers may, however, be authorized to sue under a state "UDAP" (unfair, deceptive and abusive practices) statute, sometimes called a "Little FTC Act."
PMFTC, Inc. is the Philippine affiliate of Philip Morris International (PMI). Owned 50-50 by PMI and local conglomerate LT Group, [4] PMFTC is the leading cigarette manufacturer in the Philippines, controlling over 90% of the local market, commercialising the brands Fortune International, Hope Luxury, Marlboro, and More, among others.
List of Federal Trade Commission members (1918–2023) [50] Chairs ... Start End Notes 1 Joseph E. Davies [52] Democratic: March 16, 1915 June 30, 1916 2
On Monday, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) filed a civil enforcement action against financial technology company Dave Inc (NASDAQ:DAVE) and its CEO, Jason ...
The FTC was established in 1914 by the Federal Trade Commission Act, which was passed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key U.S. antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C. § 41 et seq.
Qualcomm Inc. faced its first day of trial Friday defending antitrust allegations from the U.S. Federal Trade Commission.
Since Trump took office, the FTC under Ferguson has moved to block Tempur Sealy's proposed $4 billion acquisition of Mattress Firm, proposed a $4.9 million fine against a payment processing ...
Evaluators asked the company if the bid was serious, which the company, Manila Water led by the Filipino Ayala Group confirmed. Manila Water was the only company to submit a lower bid for East Manila than for West Manila. The Ayala group owned substantial real estate in East Manila and may have wanted be certain to win the Eastern concession.