Feds report surge due largely to increase in advanced fee scams Online crime complaints increased substantially once again last year, according to a report by the Internet Crime Complaint Center (IC3) -- a partnership between the FBI and the National White Collar ...
Lawsuit, FTC investigation spelled end for competition When Netflix finally announced the winners of its three-year, $1 million contest last fall, the buzz was so great that the company wasted no time in announcing a sequel. That contest gave consumers all over ...
LifeLock will pay $11 million to the Federal Trade Commission (FTC) and $1 million to a group of 35 state attorneys general to settle charges that the Tempe, Ariz.-based company made false claims that its product could prevent identity theft. LifeLock will ...
Settlement bars company from misrepresenting its supposed identity-theft protection service LifeLock, Inc. has agreed to pay $11 million to the Federal Trade Commission and $1 million to a group of 35 state attorneys general to settle charges that the company used false ...
LifeLock Inc. — an identity theft protection company that backed its guarantees by putting its CEO's social security number on the side of its trucks — will pay $12 million to settle claims it misrepresented its services, according to the Federal Trade ...
WASHINGTON (Reuters) - PepsiCo Inc <PEP.N> has won U.S. antitrust approval to buy two of its largest bottlers on condition that it take steps to safeguard a rival's business information, the Federal Trade Commission said on Friday. Under an agreement with the ...
US-based tobacco giant Philip Morris said Thursday it has formed a new company in the Philippines with local rival Fortune Tobacco Corp., owned by Chinese-Filipino tycoon Lucio Tan. Tan will become chairman of the new company, to be called PMFTC in a ...
<div><p>The US government accused Intel Corp. of illegally using its market power to stifle competition on Wednesday, just a month after the computer chip giant reached a 1.25-billion-dollar settlement with rival Advanced Micro Devices.</p><p>"Intel has engaged in a deliberate campaign to hamstring ...
<div id="subtitle">Visa cuts off payments to about 100 merchants after consumer complaints about billing scams</div><div><p>Visa Inc. has cut off 100 scammers who use bogus marketing techniques to dupe consumers in the past six months.</p><p>Among the most common hustles: billing ...
<div><p>WASHINGTON (Reuters) - A Senate panel on Thursday approved President Barack Obama's picks to fill out the Federal Trade Commission, Julie Brill and Edith Ramirez, sending their nominations to the Senate floor.</p><p>If confirmed, the two will join an FTC that was relatively ...
