The US FTC settles illegal information exchange allegations with hair restoration company (Bosley)

John, Ian G.; Stoll, Neal R.; Pozen, Sharis A.; Lent, Karen M.

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8 Apr 2013

The US FTC settles illegal information exchange allegations with hair restoration company (Bosley)

KEYWORDS

Reference

United States Federal Trade Commission, 8 April 2013, Bosley, Inc.

On April 8, 2013, the Federal Trade Commission (FTC) announced a proposed settlement with hair restoration company Bosley, Inc. to resolve allegations that Bosley illegally exchanged competitively sensitive, nonpublic business information with competitor HC (USA), Inc., commonly known as Hair Club. According to the FTC, these exchanges facilitated coordination and endangered competition in violation of Section 5 of the Federal Trade Commission Act, which broadly prohibits unfair competition. In its complaint, the FTC

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Authors

Ian G. John
Kirkland & Ellis (New York)

United States 9 contributions 2888 visits
Neal R. Stoll
Skadden, Arps, Slate, Meagher & Flom (New York)

United States 13 contributions 2552 visits
Sharis A. Pozen
Clifford Chance (Washington)

United States 10 contributions 6422 visits
Karen M. Lent
Skadden, Arps, Slate, Meagher & Flom (New York)

United States 18 contributions 4961 visits

Quotation

Ian G. John, Neal R. Stoll, Sharis A. Pozen, Karen M. Lent, The US FTC settles illegal information exchange allegations with hair restoration company (Bosley), 8 April 2013, e-Competitions April 2013, Art. N° 51648

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