FTC

Interactive Ad Bureau Decries New FTC Blogger Guidelines

Authored by Mark Hefflinger on October 16, 2009 - 8:35am.
New York - The Interactive Advertising Bureau (IAB), a consortium of top technology firms and advertisers, called on the Federal Trade Commission (FTC) this week to withdraw its new rules regarding disclosure of payments to bloggers for their coverage, arguing that "offline media have engaged [in such practices] for decades." The FTC last week set new guidelines concerning disclosures made in social media and on blogs where compensation has been given for an endorsement or testimonial.

Apple, Google Resolve FTC Concerns on Shared Board Members

Authored by Mark Hefflinger on October 13, 2009 - 9:25am.
Washington - The Federal Trade Commission (FTC) said that Google and Apple have resolved its concerns over shared board members, following the departure of former Genentech CEO Arthur D. Levinson from Google's board yesterday. "Google, Apple, and Mr. Levinson should be commended for recognizing that overlapping board members between competing companies raise serious antitrust issues and for their willingness to resolve our concerns without the need for litigation," said FTC Chairman Jon Leibowitz.

At FTC's Urging, Google Posts Privacy Policy for Books

Authored by Mark Hefflinger on September 4, 2009 - 5:58am.
Washington - Responding to an inquiry from the Federal Trade Commission (FTC), Google (NASD: GOOG) has agreed to develop and publish a privacy policy for its Google Book Search product, which will inform consumers how personal data may be used by the company. "The Google Books initiative could provide a wealth of benefits for consumers, yet it also raises serious privacy challenges because of the vast amount of user information that could be collected," FTC chairman Jon Leibowitz said in a statement.

FTC to Continue Probe Into Google-Apple Board Ties

Authored by Mark Hefflinger on August 4, 2009 - 8:02am.
Washington - The Federal Trade Commission (FTC) said it will continue to investigate the connections between the boards of directors of Apple (NASD: AAPL) and Google (NASD: GOOG), despite Google CEO Eric Schmidt's announcement yesterday that he would resign from Apple's board. "We have been investigating the Google/Apple interlocking directorates issue for some time and commend them for recognizing that sharing directors raises competitive issues, as Google and Apple increasingly compete with each other," said FTC competition director Richard Feinstein. "We will continue to investigate remaining interlocking directorates between the companies."

Lawmaker Plans File-Sharing Bill to Prevent Data Leaks

Authored by Mark Hefflinger on July 29, 2009 - 10:53am.
Washington - A U.S. House Democrat said at a hearing on Wednesday that he plans to introduce a bill that would limit the use of peer-to-peer file-sharing applications on government computers, CNET News.com reported. After hearing testimony that Secret Service safehouse locations, evacuation plans for the first lady, and IRS tax returns may still be found on file-sharing networks, Rep. Edolphus Towns (D-N.Y.) announced plans for the legislation.

Google CEO Schmidt to Discuss Board Seat With Apple

Authored by Mark Hefflinger on July 10, 2009 - 9:49am.
Sun Valley, Idaho - Google (NASD: GOOG) CEO Eric Schmidt, who also holds a seat on the board of directors at Apple (NASD: AAPL), said that he plans to discuss that position with the company in light of Google's announcement this week that it is developing an operating system for netbooks, The Wall Street Journal reported. Schmidt made the remark during the Sun Valley conference on Thursday.

Former Discovery Holdings Head to Pay $1.4M in FTC Settlement

Authored by Mark Hefflinger on June 24, 2009 - 7:59am.
Silver Spring, Md. - John Malone, the former chairman and CEO of Discovery Communications parent Discovery Holding, will pay $1.4 million as part of a settlement with the Federal Trade Commission (FTC) over allegations that he purchased company shares last year before the expiration of a waiting period required by law.

FTC to Issue Guidelines on Blogger Disclosures, Compensation

Authored by Mark Hefflinger on June 22, 2009 - 10:58am.
Washington - The Federal Trade Commission (FTC) plans to issue new guidelines for bloggers who accept products, monetary compensation or other gifts in return for writing about the providers of said gifts, the Associated Press reported.

FTC Probes Shared Board Members Between Google, Apple

Authored by Mark Hefflinger on May 5, 2009 - 9:23am.
Washington - The Federal Trade Commission (FTC) has launched an inquiry into whether the fact that Apple (NASD: AAPL) and Google (NASD: GOOG) share two board members in common violates the Clayton Antitrust Act of 1914, The New York Times reports. While The Times notes that the "interlocking directorates" provision of the law that prohibits companies in competition to share board members is seldom enforced, the FTC has notified both Google and Apple of its probe.
tags: Law | Policy | Apple | Google | FTC |

Ticketmaster Probed on Secondary Sales; Backs Schumer Bill

Authored by Mark Hefflinger on April 6, 2009 - 10:13am.
Washington - Ticketmaster (NASD: TKTM) has been subpoenaed or received requests for information from the Justice Dept., Federal Trade Commission (FTC) and New Jersey's Attorney General over the resale of tickets on secondary ticketing websites, Reuters reported, citing TicketNews.com. Bruce Springsteen and many of his fans complained when they were recently directed to purchase tickets at greatly inflated prices on Ticketmaster's TicketsNow secondary ticket sales website before all available tickets to the concerts on Ticketmaster.com were sold out.

Bloomberg: Obama to Name Leibowitz as Head of FTC

Authored by Mark Hefflinger on February 24, 2009 - 12:01pm.
New York - President Barack Obama is set to name current Federal Trade Commission member Jon Leibowitz as the next chairman of the agency, an administration official tells Bloomberg.

WSJ: Live Nation, Ticketmaster in Advanced Merger Talks

Authored by Mark Hefflinger on February 4, 2009 - 10:17am.
Los Angeles - Concert giant Ticketmaster (NASD: TKTM) is close to a negotiating an merger deal with concert promoter Live Nation (NYSE: LYV) -- which is preparing to launch its own rival ticketing service -- the Wall Street Journal reported, citing people familiar with the matter. While the companies' respective boards have not yet approved the deal, it is expected to not include an exchange of cash, and could be announced as early as next week. The Journal noted that the deal may very well raise antitrust concerns at the Federal Trade Commission (FTC), given the companies' positions in the music business.

Sony Music Pays $1M to Settle FTC Child Privacy Charges

Authored by Mark Hefflinger on December 11, 2008 - 12:06pm.

New York - Major record label Sony Music (NYSE: SNE) has agreed to pay $1 million to settle charges brought by the Federal Trade Commission that the company violated online privacy rules when it improperly accepted registrations on websites from children under 13 without parental consent. The FTC alleged in a lawsuit, filed via the U.S. Attorney's Office in Manhattan, that Sony collected personal information from at least 30,000 underage children on 196 of its websites, in violation of the Children's Online Privacy Protection Act (COPPA).

FTC Approves Potential Merger of Electronic Arts, Take-Two

Authored by Mark Hefflinger on August 20, 2008 - 8:40am.

Washington - The Federal Trade Commission (FTC) has indicated that it would not challenge a combination of video game publishers Electronic Arts (NASD: ERTS) and Take-Two Interactive (NASD: TTWO), Reuters reported.

FTC Settles With BurnLounge Operator Over Pyramid Scheme

Authored by Mark Hefflinger on July 2, 2008 - 8:58am.

Washington - The Federal Trade Commission (FTC) has announced that one of the operators of BurnLounge, a digital music distribution service the agency had determined was actually a pyramid scheme, has settled charges and agreed to give up $20,000 in ill-gotten gains.

Take-Two in Deal with FTC to Provide Limited Info on EA Bid

Authored by Mark Hefflinger on June 19, 2008 - 12:59pm.

New York - Video game publisher Take-Two Interactive (NASD: TTWO) said on Thursday that it has reached an agreement with the Federal Trade Commission (FTC) over the agency's subpoena for information from the company regarding Electronic Arts' (NASD: ERTS) takeover bid.

Court Asks Take-Two to Explain Rebuff of FTC Subpoena

Authored by Mark Hefflinger on June 12, 2008 - 8:57am.

Washington - A federal court has asked video game publisher Take-Two Interactive (NASD: TTWO) to explain why it has so far refused to comply with a subpoena from the Federal Trade Commission (FTC), requesting more information from the company as part of its review of a takeover bid from rival Electronic Arts (NASD: ERTS), The Wall Street Journal reported.

Game Ratings Enforcement Up as New ID Bill Enters Congress

Authored by Mark Hefflinger on May 8, 2008 - 10:55am.

Washington - The Federal Trade Commission's (FTC) annual undercover sting operation where underage consumers try to buy R-rated movie tickets, DVDs and M-rated video games has found a dramatic improvement at video game retailers, where its secret shoppers were able to buy M-rated games just 20% of the time -- down from 42% in 2007 and 85% in 2000. The video game industry and retail partners also fared better than movie theaters, where secret shoppers gained access to R-rated films 36% of the time, and DVD retailers, where R-rated title purchases were successful 47% of the time.

tags: Games | Law | Policy | Reports | FTC | Retail | Lee Terry |

FTC Asks EA for More Details on Proposed Take-Two Buyout

Authored by Mark Hefflinger on April 17, 2008 - 8:22am.

Redwood City, Calif. - Electronic Arts (NASD: ERTS) announced on Thursday that it has received a second request for information from the Federal Trade Commission (FTC) related to its proposed acquisition of fellow game publisher Take-Two Interactive (NASD: TTWO).

Consumer Groups Ask FTC for "Do Not Track" List on Web Ads

Authored by Mark Hefflinger on April 16, 2008 - 10:22am.

Washington - The Consumer Federation of America and the Consumers Union have petitioned the Federal Trade Commission (FTC) to create a "do not track" list of consumers who do not want online advertisers from collecting information about them without their consent, Reuters reported.