FTC rules against Trans Union again

Article Abstract:

The Federal Trade Commission (FTC) has decided that consumer credit bureau Trans Union Corp cannot sell certain consumer lists from its credit files for marketing purposes. The FTC said that the Fair Credit Reporting Act allows credit bureaus to sell information that would be used for credit, employment or insurance purposes. Trans Union said that it would appeal the decision to the US Court of Appeals and added that it would continue marketing the lists during the appeals process.

On-Line Information Services, Credit Checking Vendors, Trans Union Corp., Credit bureaus

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Former U.S. attorney sentenced for role in telemarketing scams

Article Abstract:

John A Field, III, a former US attorney, was sentenced to two years in prison for his involvement in a series of telemarketing scams that sold bogus investment products. The light sentence may be attributed to the fact that he pleaded guilty to money laundering and conspiracy after his arrest in 1996, and after working undercover in assisting federal investigators. He was also fined $20,000. His sentence will begin on Aug 18, 2000.

Telemarketing Bureaus, Telemarketing Services

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Lycos sues micros over internet portal deal

Article Abstract:

Micron Electronics Inc of Nampa, ID, was sued by Internet portal Lycos Inc of Waltham, MA, for alleged illegal termination of a contract. Lycos said Micron's agreement with another Internet portal, Yahoo Inc of Santa Clara, CA, is a violation of Lycos' exclusive contract to provide a customized Internet portal for Micron's personal computers. The suit seeks to block Micron's agreement with Yahoo and asks an unspecified amount in damages and penalties.

Online information services, Interland Inc.

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