Program

FTC and Justice Department to Hold Annual Spring Enforcers Summit

Retrieved on: 
Saturday, March 18, 2023
Review, Department, Justice, Feedback, United States Department of Justice Antitrust Division, Robert F. Kennedy Department of Justice Building, Federal Trade Commission, Assistant, FTC, RFK, Program, Fraud, News, Social media

The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the second Spring Enforcers Summit on Monday, March 27th.

Key Points: 
  • The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the second Spring Enforcers Summit on Monday, March 27th.
  • “At the second annual Enforcers Summit, we’ll identify top enforcement priorities and share progress on our agenda,” said FTC Chair Khan.
  • The Enforcers Summit agenda is available on the FTC’s website, and instructions for livestreaming the program will be made available on the Justice Department’s website shortly before the event.
  • Follow the FTC on social media, read our blogs and subscribe to press releases for the latest FTC news and resources.

FTC and Justice Department to Hold Annual Spring Enforcers Summit

Retrieved on: 
Saturday, March 18, 2023
Review, Department, Justice, Feedback, United States Department of Justice Antitrust Division, Robert F. Kennedy Department of Justice Building, Federal Trade Commission, Assistant, FTC, RFK, Program, Fraud, News, Social media

The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the second Spring Enforcers Summit on Monday, March 27th.

Key Points: 
  • The Federal Trade Commission and the Justice Department’s Antitrust Division will cohost the second Spring Enforcers Summit on Monday, March 27th.
  • “At the second annual Enforcers Summit, we’ll identify top enforcement priorities and share progress on our agenda,” said FTC Chair Khan.
  • The Enforcers Summit agenda is available on the FTC’s website, and instructions for livestreaming the program will be made available on the Justice Department’s website shortly before the event.
  • Follow the FTC on social media, read our blogs and subscribe to press releases for the latest FTC news and resources.

Second FTC settlement with VW challenges green claims for 3.0 liter diesels

Retrieved on: 
Saturday, March 18, 2023
Human, VW, Federal Trade Commission Act of 1914, Table, Second generation, Federal Trade Commission, Policy, Record, Blog, Privacy, First generation, FTC, Comment, Program, Fraud, News, Cryptocurrency, Porsche, Audi

In June 2016, the FTC’s record-setting $10 billion settlement with VW alleged that the company pitched its 2.0 liter “clean diesel” vehicles as an attractive option for environmentally conscious consumers.

Key Points: 
  • In June 2016, the FTC’s record-setting $10 billion settlement with VW alleged that the company pitched its 2.0 liter “clean diesel” vehicles as an attractive option for environmentally conscious consumers.
  • But according to the complaint, VW secretly installed a “defeat device” to falsify the scores on emissions testing.
  • The next chapter in the VW story alleges that the company engaged in similar conduct with its 3.0 liter diesel engines.
  • The new proposed settlement affects more than 77,000 vehicles – cars that weren’t covered by the initial announcement.

Have a good plan for HSR compliance

Retrieved on: 
Saturday, February 4, 2023
Berkshire Hathaway, Commission, MacAndrews & Forbes, Hart–Scott–Rodino Antitrust Improvements Act, Symetra, Program, Compliance, Agency, File, Forbes, HSR, USG Corporation, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Berkshire, FTC, Security (finance), Audit

It is also a reminder that every investor—companies and individuals alike—needs to have a program in place to ensure compliance with HSR filing obligations.

Key Points: 
  • It is also a reminder that every investor—companies and individuals alike—needs to have a program in place to ensure compliance with HSR filing obligations.
  • Under Rules 802.31 and 801.32, no HSR filing was required when acquiring the convertible notes, but filing was required prior to their conversion.
  • After the first failure to file, Berkshire Hathaway assured the FTC that it would institute an HSR compliance program.
  • Not all acquisitions of voting securities require an HSR filing, and buyers sometimes make mistakes in applying the HSR rules to particular combinations of buyer, seller, asset or voting security, value, location, timing, etc.