Ed's Blog

UPDATED: WE WIN! SEC AGREES TO DELAY AND CONDUCT CAREFUL CONSIDERATION OF BAD PROPOSAL. Original: The SEC could vote as soon as August 22 to weaken protections against investor fraud -- under the false guise of stimulating jobs! U.S. PIRG, the Consumer Federation of America, the AFL-CIO, a former SEC commissioner and other investor advocates have sent a strong letter to the SEC urging it not to act, especially under unjustifiable emergency rules that deny a reasonable public comment period.

Bumbo, CPSC Recall Baby Seat Linked To Skull Fractures

By | Ed Mierzwinski
Consumer Program Director

The U.S. Consumer Product Safety Commission (CPSC) and Bumbo, maker of a baby seat linked to at least 21 skull fractures, have announced a repair recall to install a free safety belt. U.S. PIRG and other consumer groups had pressured them to act.

FTC files latest challenge to "pay for delay" generic drug deals

By | Ed Mierzwinski
Consumer Program Director

Today the U.S. Federal Trade Commission filed a legal brief "challenging an agreement between drug manufacturers Wyeth and Teva Pharmaceuticals" where plaintiffs allege "Teva agreed to delay its introduction of a generic version of Wyeth’s blockbuster antidepressant drug Effexor XR." Fighting anti-competitive prescription drug deals that cost consumers "billions" is a signature issue for Chairman Jon Leibowitz's FTC.

The venerable English football club Manchester United, founded in 1878, is expected to file an IPO today under a new U.S. law, the JOBS Act, that passed overwhelmingly because it was intended to help newer, smaller companies go public. Over at The Motley Fool, they say: "Thank the JOBS Act for the Ugliest IPO of the Year."

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The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Obama administration to put an end to the worst practices.

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