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US man who helped Indian call center banned from telemarketing

US man who helped Indian call center banned from telemarketing

The US Federal Trade Commission (FTC) on Wednesday announced to ban a Florida man from helping any telemarketers, as he allegedly collected more than USD 1.3 million from about 3,000 consumers in a scheme that helped Indian call center collect money from victims of IRS scam.

Confidential US FTC report found Google anticompetitive tactics: Report

Key staff members at the U.S. Federal Trade Commission were in favor of suing Google Inc for violating antitrust rules before the agency settled its investigation in 2013, according a confidential report cited by the Wall Street Journal on Thursday.

Sun Pharma gets US FTC clearance for Ranbaxy acquisition

Sun Pharma gets US FTC clearance for Ranbaxy acquisition

The early termination of the waiting period under the HSR Act satisfies one of the essential conditions to the closing of the Ranbaxy acquisition, it added.

AstraZeneca, Ranbaxy prevail in Nexium antitrust trial

The US Federal Trade Commission estimates that pay-for-delay deals, in which a branded drugmaker pays a generic rival to stay off the market, cost consumers $3.5 billion each year.

US approves Mylan's purchase of Bangalore-based Agila, with conditions

Generic drugmaker Mylan Inc has won US antitrust approval to buy Agila, a unit of India's Strides Arcolab Ltd, subject to divesting some products, the Federal Trade Commission said on Thursday.

FTC clears Facebook's proposed acquisition of Instagram

The US Federal Trade Commission has closed its investigation into Facebook's proposed USD 1 billion acquisition of popular smartphone photo sharing application 'Instagram', without taking any action.

Google to pay $22.5 million to settle FTC privacy charges: Report

Internet giant Google is closing on a deal to pay USD 22.5 million as settlement charges related to its bypassing of the privacy settings of millions of Apple users, a media report said.