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10 relations: Administrative law judge, Amway, Consent decree, Federal Trade Commission, Federal Trade Commission Act of 1914, Multi-level marketing, Price fixing, Pyramid scheme, Resale price maintenance, Robert Pitofsky.
Administrative law judge
An administrative law judge (ALJ) in the United States is a judge and trier of fact who both presides over trials and adjudicates the claims or disputes (in other words, ALJ-controlled proceedings are bench trials) involving administrative law.
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Amway
Amway (short for "American Way") is an American company specializing in the use of multi-level marketing to sell health, beauty, and home care products.
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Consent decree
A consent decree is an agreement or settlement that resolves a dispute between two parties without admission of guilt (in a criminal case) or liability (in a civil case), and most often refers to such a type of settlement in the United States.
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Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act.
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Federal Trade Commission Act of 1914
The Federal Trade Commission Act of 1914 established the Federal Trade Commission.
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Multi-level marketing
Multi-level marketing (MLM) also called pyramid selling, network marketing, and referral marketing, is a marketing strategy for the sale of products or services where the revenue of the MLM company is derived from a non-salaried workforce selling the company's products/services, while the earnings of the participants are derived from a pyramid-shaped or binary compensation commission system.
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Price fixing
Price fixing is an agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price, or maintain the market conditions such that the price is maintained at a given level by controlling supply and demand.
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Pyramid scheme
A pyramid scheme (commonly known as pyramid scams) is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services.
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Resale price maintenance
Resale price maintenance (RPM) (US) or retail price maintenance (UK) is the practice whereby a manufacturer and its distributors agree that the distributors will sell the manufacturer's product at certain prices (resale price maintenance), at or above a price floor (minimum resale price maintenance) or at or below a price ceiling (maximum resale price maintenance).
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Robert Pitofsky
Robert Pitofsky, (born December 27, 1929) is the former chairman of the Federal Trade Commission of the United States from April 11, 1995 to May 31, 2001.
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