Nov 11, 2014

Wacoal reaches settlement with U.S. FTC over weight-loss underwear

Wacoal Holdings Corp. said Tuesday it has officially reached a settlement with the U.S. Federal Trade Commission to pay $1.3 million (about ¥150 million) in refunds to buyers of its weight-loss underwear for women. The Kyoto-based lingerie maker agreed in late September to refund ...

Oct 30, 2014

Online dating service admits to fake profiles to lure paid subscribers

A British-based online dating service admitted to U.S. regulators Wednesday that it created fake, computer-generated profiles to lure users into upgraded memberships. The Federal Trade Commission, in its first law enforcement action against a dating service, said it reached a settlement with JDI Dating ...

Sep 5, 2014

Google to pay $19 million for child app purchases

Google has agreed to issue at least $19 million in refunds to consumers whose children made app purchases from its Google Play store without parental consent, officials said Thursday. The Federal Trade Commission announced that Google agreed to the settlement to resolve a probe ...

Apr 24, 2014

Alleged cartel to cost cardboard makers billions

The Fair Trade Commission plans to fine some 60 cardboard makers around ¥13 billion over an alleged cartel, sources said Thursday. Among them, Tomoku Co., Oji Container Co. and Nippon Tokan Package Co., all based in Tokyo, have already received drafts of punishment notifications ...

JR retail unit ordered to let tenants pass on tax hike

Apr 24, 2014

JR retail unit ordered to let tenants pass on tax hike

The Fair Trade Commission has ordered a unit of East Japan Railway Co. to stop blocking its retailing partners from passing the April 1 sales tax hike to their products. The anti-monopoly watchdog issued the order Wednesday by making its first use of a ...

Mar 26, 2014

FTC raids Okayama concrete companies

The Fair Trade Commission raided a cooperative association of concrete makers in Okayama Prefecture on Wednesday on suspicion the group and its members blocked newcomers from doing business. The antimonopoly watchdog made surprise visits to more than 10 locations, including the offices of industry ...