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FTC accuses Endo, other drugmakers of antitrust violations

2016-03-31 20:45:52| Biotech - Topix.net

The Federal Trade Commission is accusing several drugmakers of violating antitrust laws with agreements that delayed availability of cheaper generic versions of two pain treatments. It's the first so-called "pay for delay" case brought by the commission in which a drug's original maker agreed not to sell an "authorized generic" version until well after a generic drugmaker launched its product.

Tags: violations endo antitrust ftc

FTC requests additional info from Pfizer and Allergan about pending merger

2016-03-30 21:17:26| Biotech - Topix.net

The U.S. Federal Trade Commission has requested additional information from Pfizer and Allergan concerning their pending combination. It is a routine and entirely expected event.

Tags: info additional requests pending

Volkswagen recalls electric vehicles, FTC sues company for false clean diesel advertising

2016-03-29 22:34:13| Extremetech

Volkswagen's woes continue, this time on two fronts. The company has recalled its e-Golf electric vehicle to fix a battery software issue, and the FTC has filed suit against the German company for numerous incidents of deceptive advertising related to its diesel engine problems.

Tags: company advertising clean false

FTC Accuses Volkswagen of Deception in - Clean D...

2016-03-29 19:59:04| Automakers - Topix.net

The Federal Trade Commission claims Volkswagen Group of America, Inc. has decieved customers for falsely advertising their vehicles, saying they supposedly used "clean diesel." Volkswagen fitted its VWs and Audis with illegal emission defeat devices, which were designed to cover high emissions during government testing, according to a statement released by the FTC.

Tags: d clean volkswagen deception