FTC Targets Procter & Gamble and Longines Wittnauer in Sweepstakes Crackdown
The FTC charged Procter & Gamble and Longines Wittnauer with false advertising in sweepstakes promoting prizes not awarded. FTC noted odds against grand prizes at 25 to 30 million to 1, and said entrants had no real chance to win many advertised rewards. P G said the complaint is meritless and may settle. Longines Wittnauer said it is shocked by the filing and had amended practices since 1960.
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FTC
Procter & Gamble
Readers Digest
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Coca Cola Co
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Longines-Wittnauer
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Fox Lon- Lines-Wittnauer
FTC probes tax return firms over advertising and data use
The Federal Trade Commission opened an across the board inquiry with the Internal Revenue Service into tax return preparation firms. Investigators seek to confirm if ads are misleading and whether tax data is used to build selective mailing lists or obtain credit data. No wrongdoing proven yet.
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Federal Trade Commission
FTC
Iternal Revenue Service
WTC
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Geiher
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