Source federal trade commission 2002 6 most ftc cases

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Source: Federal Trade Commission (2002). 6. Most FTC cases are resolved through the negotiation of consent agreements placed on the record for public comment, after which the FTC issues a consent order that carries the force of law with respect to future actions. Such orders apply to U.S. and foreign companies on a national treatment basis. FTC antitrust orders may remain in place for a maximum of 20 years. In FY 2001, US$500,000 fine for each count of conviction. United States Department of Justice Press Release, 4 November 2002. Available online at: www.usdoj.gov/atr/public/press_releases/2002. 185 United States Department of Justice Press Release, 31 October 2002. Available online at: www.usdoj.gov/ atr/public/press_releases/2002. 186 United States Department of Justice Press Release, 6 February 2003. Available online at: http://www. usdoj.gov/atr/public/press_releases/2003/200738.htm. 187 United States Department of Justice online information. Available at: http://www.usdoj.gov/atr/ cases/f200400/200457.htm. 188 Federal Trade Commission and Department of Justice (2002).
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WT/TPR/S/126 Trade Policy Review Page 79 the FTC challenged 23 transactions that it concluded would lessen competition if allowed to proceed as proposed. Of these, 18 cases resulted in consent agreements, four cases were withdrawn and one resulted in the FTC seeking injunctive relief in a district court. (ii) Government subsidies and other assistance 189 (a) WTO participation 1. In international fora, the Federal Government has continued to advocate reductions in subsidies affecting competition in international markets. The Subsidies Enforcement Annual Report to the Congress, produced jointly by the USTR and the U.S. Department of Commerce, describes U.S. policy and participation in the WTO on issues relating to subsidies. 2. The United States notified the WTO in 2002 of about 220 programmes providing subsidies to businesses under Article XVI:1 of the GATT 1994 and Article 25 of the Agreement on Subsidies and Countervailing Measures, including both federal and sub-federal assistance. 190 Most federal subsidies described in the notification are provided in the form of an income tax concession, but some programmes provide for grants, contracts, or other cooperative-type agreements with private sector partners. 3. Nine of the 50 programmes notified at federal level are in favour of agriculture; five federal programmes are in favour of the aerospace and aeronautic sectors. The energy sector was the recipient of the largest number of notified programmes (14), mostly geared towards energy conservation, although measures to encourage the development of domestic coal, oil, and gas resources were also notified. Six programmes applied to fisheries, including subsidies for fishing vessels, research and development in management of U.S. fisheries, and conservation of marine resources. Assistance to lumber and timber was also notified, as were five programmes to encourage the extraction and processing of mineral resources, including iron ore and steel. The subsidy notification also contains a description of the Emergency Steel Loan Guarantee Act of 1999.
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