WASHINGTON (Reuters) – Herbalife Ltd, the marketer of weight-management products, energy drinks and nutrition supplements that has come under investigation by the Federal Trade Commission as well as other agencies, has hired a former FTC official as its chief compliance officer.
Herbalife (HLF.N: Quote, Profile, Research, Stock Buzz) said it named Pamela Jones Harbour, who was an FTC commissioner from 2003 to 2010, as senior vice president, global member compliance and privacy. She will be in charge of the company’s 300-member compliance team and coordinate global compliance.
WASHINGTON (Reuters) – The acting head of the U.S. Patent and Trademark Office, former Google Inc executive Michelle Lee, is being seriously considered to permanently head the agency, sources have told Reuters.
Lee, a former deputy general counsel and head of patents and patent strategy at Google, the search and advertising group, has been acting head of the agency since January. After leaving Google and before coming to the Virginia-based patent office, Lee headed the U.S. patent office’s Silicon Valley outpost.
WASHINGTON (Reuters) – Bras, girdles and leggings infused with caffeine and sold as weight loss aids were more decaf than espresso, and the companies that sold them have agreed to refund money to customers and pull their ads, U.S. regulators said on Monday.
The Federal Trade Commission said Wacoal America and Norm Thompson Outfitters, which owns Sahalie and others, were accused of deceptive advertising that claimed their caffeine-impregnated clothing would cause the wearer to lose weight and have less cellulite.
WASHINGTON, Sept 29 (Reuters) – Bras, girdles and leggings
infused with caffeine and sold as weight loss aids were more
decaf than espresso, and the companies that sold them have
agreed to refund money to customers and pull their ads, U.S.
regulators said on Monday.
The Federal Trade Commission said Wacoal America and Norm
Thompson Outfitters, which owns Sahalie and others, were accused
of deceptive advertising that claimed their caffeine-impregnated
clothing would cause the wearer to lose weight and have less
WASHINGTON (Reuters) – State attorneys general working to determine whether Comcast Corp’s deal to buy Time Warner Cable Inc is legal have expanded their investigation to include AT&T Inc’s plans to buy DirecTV, according to sources close to the merger probe.
Some two dozen states were already coordinating with the U.S. Justice Department to interview critics and proponents of the Comcast merger, which some lawmakers and public interest groups fear will result in higher costs and less competition.
WASHINGTON (Reuters) – A top U.S. antitrust enforcer expressed concern on Wednesday about China’s enforcement of its antitrust law after Beijing opened a probe into Qualcomm Inc for allegedly abusing its market position.
China’s National Development and Reform Commission (NDRC), which is among the agencies that enforce antitrust law, said in February that the U.S. chipmaker was suspected of overcharging and abusing its market position in wireless communication standards. The allegations could mean fines of more than $1 billion.
WASHINGTON (Reuters) – European Union regulators will not finish a four-year investigation into Google by the end of October, the bloc’s outgoing antitrust chief said on Wednesday.
European Competition Commissioner Joaquin Almunia said this week he would extract more concessions from the world’s most popular Internet search engine after extremely negative feedback from rivals such as Microsoft to Google’s third proposal to end the EU probe.
WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Monday sued Drugmakers AbbVie Inc and Teva Pharmaceuticals Industries Ltd for allegedly illegally preventing generic versions of AndroGel, for men with low testosterone, from getting to market.
The FTC, which says AndroGel users paid hundreds of millions of dollars more than necessary because of the companies’ actions, asked the U.S. District Court for the Eastern District of Pennsylvania to order AbbVie to refund users that money.
SAN FRANCISCO/WASHINGTON (Reuters) – Nvidia Corp has sued rival chipmakers Qualcomm and Samsung Electronics, accusing both companies of infringing its patents on graphics processing technology.
The U.S. chipmaker vies with Qualcomm in the business of providing chips for smartphones and tablets. It said on Thursday that Qualcomm and Samsung had used Nvidia’s patented technologies without a license in Samsung’s mobile devices, including the just-launched Galaxy Note 4 and Galaxy Note Edge.
WASHINGTON (Reuters) – Google Inc has agreed to refund at least $19 million to settle charges that it unfairly billed parents for purchases that their children made while playing video games such as Ice Age Village and Air Penguins on mobile devices.
Children sometimes put hundreds of dollars on their parents’ credit cards without permission, the U.S. Federal Trade Commission said on Thursday in announcing the settlement.