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Washington, DC - More than two centuries ago, on June 14, 1777, the Second Continental Congress formally adopted the Stars and Stripes as the official flag of our new Republic. Through the many triumphs and trials of our Nation, our flag has reflected our heritage of liberty and embodied the American virtues of bravery, justice, and loyalty. Each year, we celebrate Flag Day and National Flag Week to honor our timeless national emblem.
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Washington, DC - Federal Trade Commission Chairman Joseph Simons appointed Andrew Katsaros as the FTC’s Acting Inspector General, succeeding Roslyn A. Mazer, who retired from federal service at the end of May after serving for more than three years as the agency’s Inspector General.
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Washington, DC - The Federal Trade Commission has filed an amicus brief in Takeda Pharmaceutical Co. v Zydus Pharmaceuticals (USA) Inc., which is a patent infringement case pending before the U.S. District Court for the District of New Jersey.
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Washington, DC - The Federal Trade Commission will require Northrop Grumman to supply solid rocket motors, or SRMs, to competitors on a non-discriminatory basis as part of a settlement resolving charges that Northrup’s $7.8 billion acquisition of aerospace and defense contractor Orbital ATK likely would be anticompetitive. The proposed settlement requires Northrop to separate the operation of its SRM business from the rest of the company’s operations with a firewall. It also provides for the Department of Defense to appoint a compliance officer to oversee Northrop’s conduct pursuant to the settlement.
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Washington, DC - Benjamin R. Horton is banned from the debt relief business under a settlement with the Federal Trade Commission for his role in a mortgage relief scheme that falsely promised financially distressed homeowners foreclosure prevention and more affordable mortgage payments.
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Washington, DC - Eight Nominations Sent to the Senate Monday:
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