je.st

Home › ftc

Tag: ftc

How Will SYSCO (SYY) Stock React to FTC Possibly Blocking its US Foods Deal?

2014-10-14 20:32:14| Food - Topix.net

The FTC is expected to make a decision as to whether or not it will sue to halt the merger that would join together the top two food distributors in the U.S., by the end of October, the Post added. Those opposing the deal believe the merger would give the company too much power, and could result in a hike in prices for meat, produce, and frozen and prepared foods, the Post noted.

Tags: us stock deal possibly

AT&T to pay USD 80 mln to settle FTC mobile cramming charges

2014-10-08 19:33:00| Telecompaper Headlines

(Telecompaper) As part of a USD 105 million settlement with federal and state law enforcement officials, AT&T Mobility will pay USD 80 million to the Federal Trade Commission (FTC) to provide refunds to consumers the company unlawfully billed for unauthorised third-party charges, a practice referred to as mobile cramming. The refunds are part of a multi-agency settlement that also includes USD 20 million in penalties and fees paid to 50 states and the District of Columbia, as well as a USD 5 million penalty to the Federal Communications Commission (FCC).

Tags: mobile pay usd charges

FTC orders Graco to divest part of 2012 acquisition

2014-10-07 04:41:28| Industrial Machines - Topix.net

Graco will have to sell a portion of the assets of Illinois Tool Works that it acquired in 2012, following a ruling Monday by the Federal Trade Commission. File photo of a Graco factory.

Tags: part orders acquisition ftc