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52-427: They published year books, and their Gold Medal was given as recognition of "a significant contribution to the literature of hospitals and hospital service." Their publisher, McGraw Hill Publications , closed the magazine in 1974. The magazine wrote about new hospitals and conditions in existing ones. Smithsonian magazine wrote about Modern Hospital 's 1942 coverage of proposed windowless hospital rooms: "in

104-419: A desire not to cause distress to Baldwin's family. In October 2015, McGraw-Hill Education was accused of whitewashing history after it published a caption in a geography textbook referring to American slaves as "workers". McGraw Hill issued an apology, updated the digital version of the materials, and offered schools replacement texts at no charge. It has been linked to broader controversies about texts at

156-578: A driver of inflation for grocery prices. In August 2024, it announced it would be probing grocery prices to look for anti-competitive behavior and price gouging at chain supermarkets. In 2023, the FTC proposed a new rule that would ensure that the cancellation process of subscription services is as easy as the process of signing up. On October 16, 2024, the FTC announced the new rule, dubbed "click to cancel", requiring companies to make subscription services "as easy for consumers to cancel their enrollment as it

208-450: A fact that was only disclosed in legalese, buried within the end user license agreement. The FTC secured a consent decree in the case. In In re Gateway Learning Corp. the FTC alleged that Gateway committed unfair and deceptive trade practices by making retroactive changes to its privacy policy without informing customers and by violating its own privacy policy by selling customer information when it had said it would not. Gateway settled

260-476: A fine of US$ 50.1 million on OMICS companies. OMICS' lawyer said that this was an unfair allegation and that OMICS would sue FTC for $ 3.11 billion in damages, saying it had caused loss of revenue and reputation. In In the Matter of Sears Holdings Management Corp. , the FTC alleged that a research software program provided by Sears was deceptive because it collected information about nearly all online behavior,

312-582: A number of regulations (codified in Title 16 of the Code of Federal Regulations ). The broad statutory authority granted to the FTC provides it with more surveillance and monitoring abilities than it actually uses. The FTC is composed of five commissioners, who each serve seven-year terms. Members of the commission are nominated by the President and subject to Senate confirmation, and no more than three FTC members can be of

364-568: A review of the price lists, on-site training of the staff, and follow-up testing and certification on compliance with the Funeral Rule ." In the mid-1990s, the FTC launched the fraud sweeps concept where the agency and its federal, state, and local partners filed simultaneous legal actions against multiple telemarketing fraud targets. The first sweeps operation was Project Telesweep in July 1995 which cracked down on 100 business opportunity scams. In

416-648: Is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection . The FTC shares jurisdiction over federal civil antitrust law enforcement with the Department of Justice Antitrust Division . The agency is headquartered in the Federal Trade Commission Building in Washington, DC . The FTC

468-652: Is to be denied a written, retainable copy of the GPL. In 1996, the FTC instituted the Funeral Rule Offenders Program (FROP), under which "funeral homes make a voluntary payment to the U.S. Treasury or appropriate state fund for an amount less than what would likely be sought if the Commission authorized filing a lawsuit for civil penalties. In addition, the funeral homes participate in the NFDA compliance program, which includes

520-779: The American Journal of Railway Appliances . He continued to add further publications, eventually establishing The McGraw Publishing Company in 1899. His co-founder, John A. Hill , had also produced several technical and trade publications and in 1902 formed his own business, The Hill Publishing Company. In 1909, the two co-founders formed an alliance and combined the book departments of their publishing companies into an incorporated company called The McGraw-Hill Book Company. John Hill served as president, with James McGraw as vice-president. The remaining parts of each business were merged into The McGraw-Hill Publishing Company, Inc in 1917. In 1946, McGraw-Hill founded an international division of

572-700: The CTB/McGraw-Hill assessment business. In 2016, McGraw Hill acquired Everyday Mathematics . In 2017, McGraw Hill acquired My Math. On May 11, 2017, McGraw-Hill Education announced the sale of the business holdings of McGraw-Hill Ryerson ( Ryerson Press ) to Canadian educational publisher Nelson. In 2018, McGraw-Hill launches textbook rental program, adding to affordable options available for college students. On January 17, 2019, McGraw Hill Education announced Reveal Math and Inspire Science, new curricula for K–12 . On May 1, 2019, McGraw-Hill Education announced an agreement to merge with Cengage . The merged company

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624-545: The Texas Education Agency . McGraw Hill has been accused of using online access codes included with texts to prevent students from reselling used books. During the COVID-19 pandemic , when many students were studying remotely, McGraw Hill was accused of price gouging , in charging several times more for ebooks than for print texts. Films: Federal Trade Commission The Federal Trade Commission ( FTC )

676-412: The funeral home industry in order to protect consumers from deceptive practices. The FTC Funeral Rule requires funeral homes to provide all customers (and potential customers) with a General Price List (GPL), specifically outlining goods and services in the funeral industry, as defined by the FTC, and a listing of their prices. By law, the GPL must be presented on request to all individuals, and no one

728-501: The 1940s it was a shocking proposal" since it violated "a fundamental assumption: In order to remain disease-free and health-giving, hospital spaces required direct access to sunlight and fresh air." One of their features was "hospital of the month". Among competing periodicals of the magazine's era were: This trade magazine–related article is a stub . You can help Misplaced Pages by expanding it . See tips for writing articles about magazines . Further suggestions might be found on

780-619: The 2021 United States Supreme Court case, AMG Capital Management, LLC v. FTC , the Court found unanimously that the FTC did not have power under 15 U.S.C.   § 53(b) of the FTC Act, amended in 1973, to seek equitable relief in courts; it had the power to seek only injunctive relief. In 2023, Project 2025 suggested that an administration could abolish the FTC. In November 2024, U.S. District Judge Amit Mehta agreed with Assistant Attorney General Jonathan Kanter and FTC Chair Khan, ruling

832-542: The African American writer and civil rights activist James Baldwin a $ 200,000 advance for his unfinished book Remember This House , a memoir of his personal recollections of civil rights leaders Medgar Evers , Malcolm X and Martin Luther King Jr. Following his death, McGraw Hill sued his estate to recover the advance they had paid him for the unfinished book. The lawsuit was dropped by McGraw Hill in 1990, citing

884-653: The Bureau of Competition, the Bureau of Consumer Protection, and the Bureau of Economics. The Bureau of Competition is the division of the FTC charged with elimination and prevention of "anticompetitive" business practices. It accomplishes this through the enforcement of antitrust laws, review of proposed mergers , and investigation into other non-merger business practices that may impair competition. Such non-merger practices include horizontal restraints, involving agreements between direct competitors, and vertical restraints , involving agreements among businesses at different levels in

936-632: The FTC authorized an administrative complaint against the merger between Microsoft and Activision Blizzard , Inc. The FTC alleged the deal would suppress competitors from accessing future content/games developed by Activision once the deal goes through. The FTC dropped its lawsuit on July 20, 2023. Microsoft had to restructure its deal to appease UK regulators. Microsoft reneged on promises it made in court filings by laying off 1900 employees in January 2024, signaling that it did not plan to let Activision Blizzard remain as independent as it had promised and leading

988-511: The FTC sued Meta (formally known as Facebook) for anticompetitive conduct under Section 2 of the Sherman Act , which prohibits improper monopolization of a market. The FTC accused Meta of buying up its competitors to stifle competition which reduced the range of services available to consumers and by creating fewer social media platforms for advertisers to target. In September 2013, a federal court closed an elusive business opportunity scheme on

1040-546: The FTC to continue to appeal the decision. In July 2021, the FTC voted unanimously to enforce the right to repair as policy and to look to take action against companies that limit the type of repair work that can be done at independent repair shops. In October 2024, following a comment by the FTC to the US Copyright Office , an exemption was granted allowing for repair of retail-level food preparation equipment, such as McDonald's ice cream machines . In December 2020

1092-597: The FTC's success in blocking or unwinding of hospital consolidations or affiliations: In 2011, the FTC successfully challenged in court the $ 195 million acquisition of Palmyra Medical Center by Phoebe Putney Memorial Hospital. The FTC alleged that the transaction would create a monopoly as it would "reduce competition significantly and allow the combined Phoebe/Palmyra to raise prices for general acute-care hospital services charged to commercial health plans, substantially harming patients and local employers and employees". The Supreme Court on February 19, 2013, ruled in favor of

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1144-465: The FTC. Similarly, court attempts by ProMedica health system in Ohio to overturn an order by the FTC to the company to unwind its 2010 acquisition of St. Luke's hospital were unsuccessful. The FTC claimed that the acquisition would hurt consumers through higher premiums because insurance companies would be required to pay more. In December 2011, an administrative judge upheld the FTC's decision, noting that

1196-408: The FTC. They were banned from processing credit card transactions, though the initial monetary judgment of $ 5.8 million was suspended due to the defendant's inability to pay. In 2016, the FTC launched action against the academic journal publisher OMICS Publishing Group for producing predatory journals and organizing predatory conferences . This action, partly in response to ongoing pressure from

1248-538: The Rockford area and would have a market share of 64%. Later in 2012, OSF announced that it had abandoned its plans to acquire Rockford Health System. The commission is headed by five commissioners, who each serve seven-year terms. Commissioners are nominated by the president and confirmed by the Senate . No more than three commissioners can be of the same political party . In practice, this means that two commissioners are of

1300-849: The academic community, is the first action taken by the FTC against an academic journal publisher. The complaint alleges that the defendants have been "deceiving academics and researchers about the nature of its publications and hiding publication fees ranging from hundreds to thousands of dollars". It additionally notes that "OMICS regularly advertises conferences featuring academic experts who were never scheduled to appear in order to attract registrants" and that attendees "spend hundreds or thousands of dollars on registration fees and travel costs to attend these scientific conferences." Manuscripts are also sometimes held hostage, with OMICS refusing to allow submissions to be withdrawn and thereby preventing resubmission to another journal for consideration. Library scientist Jeffrey Beall has described OMICS as among

1352-553: The agency also alleged that the companies created a rebate system that prioritized high rebates from drug manufacturers, among other factors. The agency stated that several PBMs failed to provide documents in a timely manner and warned that it could take the companies to court to force them to comply, during the announcment in the preliminary findings. In September 2024, the FTC sued the three largest pharmacy benefit managers (PBMs) for allegedly engaging in anti-competitive practices that increased their profits while artificially inflating

1404-473: The agency requested documents from the six largest PBMs as part of its investigation. The three largest – UnitedHealth Group's OptumRx , Cigna's Express Scripts and CVS Health's Caremark – manage about 80% of U.S. prescriptions. The top three PBMs share a parent company with a large medical insurance company . The FTC accused these companies of raising drug prices through conflicts of interest , vertical integration , concentration, and exclusivity provisions;

1456-477: The article's talk page . McGraw Hill This is an accepted version of this page McGraw Hill is an American publishing company for educational content, software, and services for pre-K through postgraduate education . It is one of the "big three" educational publishers along with Houghton Mifflin Harcourt and Pearson Education . McGraw Hill also publishes reference and trade publications for

1508-459: The behavior of ProMedica health system and St. Luke's was indeed anticompetitive. The court ordered ProMedica to divest St. Luke's to a buyer that would be approved by the FTC within 180 days of the date of the order. In November 2011, the FTC filed a lawsuit alleging that the proposed acquisition of Rockford by OSF would drive up prices for general acute-care inpatient services as OSF would face only one competitor (SwedishAmerican health system) in

1560-484: The biggest pay raises. It also allows workers to leave abusive work environments and can prevent some doctors from having to leave medicine once they leave a practice. The ban was put on hold by U.S. District Judge Ada Brown on July 3, 2024, but then upheld on appeal by U.S. District Judge Kelley B. Hodge on July 23, 2024. On August 20, 2024, a federal court in Texas overturned the FTC's ban on non-compete agreements, which

1612-487: The company a monopoly, and ordering Google to sell its Chrome web browser. The FTC ruled to ban virtually all non-competes nationwide in April 2024. The agency estimates 30 million workers are bound by these clauses and only excludes senior executives from the ban on enforcing non-competes. The agency believes that this will allow workers to find better working conditions and pay, since switching companies, on average, provides

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1664-518: The company. It acquired Contemporary Films in 1972 and CRM in 1975. McGraw-Hill combined its films in the CRM division in 1978. McGraw-Hill sold CRM in 1987. In 1979, McGraw-Hill Publishing Company purchased Byte from its owner/publisher Virginia Williamson , who then became a vice-president of McGraw-Hill. In 1986, McGraw-Hill bought out competitor The Economy Company, then the nation's largest publisher of educational material. The buyout made McGraw-Hill

1716-542: The complaint by entering into a consent decree with the FTC that required it to surrender some profits and placed restrictions upon Gateway for the following 20 years. In addition to prospective analysis of the effects of mergers and acquisitions, the FTC has recently resorted to retrospective analysis and monitoring of consolidated hospitals. Thus, it also uses retroactive data to demonstrate that some hospital mergers and acquisitions are hurting consumers, particularly in terms of higher prices. Here are some recent examples of

1768-579: The courts. With the 1912 presidential election decided in favor of the Democrats and Woodrow Wilson , Morgan reintroduced a slightly amended version of his bill during the April 1913 special session. The national debate culminated in Wilson's signing of the FTC Act on September 26, 1914, with additional tightening of regulations in the Clayton Antitrust Act three weeks later. The new FTC would absorb

1820-412: The defendants from falsely representing that their journals engage in peer review, that their journals are included in any academic journal indexing service or any measurement of the extent to which their journals are cited. It also requires that the defendants clearly and conspicuously disclose all costs associated with submitting or publishing articles in their journals." In April 2019, the court imposed

1872-494: The first speech on the House floor advocating its creation on February 21, 1912. Though the initial bill did not pass, the questions of trusts and antitrust dominated the 1912 election. Most political party platforms in 1912 endorsed the establishment of a federal trade commission with its regulatory powers placed in the hands of an administrative board, as an alternative to functions previously and necessarily exercised so slowly through

1924-582: The largest educational publisher in the U.S. In 1988, Harold McGraw became chairman emeritus of McGraw Hill. In 1989, McGraw-Hill formed a joint partnership with Robert Maxwell , forming second largest textbook publisher in the United States. McGraw-Hill took full ownership of the venture in 1993. In 2004, The McGraw-Hill Companies sold its children's publishing unit to School Specialty. In 2007, The McGraw-Hill Companies launched an online student study network, GradeGuru .com. This offering gave McGraw-Hill an opportunity to connect directly with its end users,

1976-518: The list price of insulin. The agency is seeking to prohibit the PBMs from favoring medicines because certain pharaceuticals make them more money. In February 2024, the FTC challenged the Kroger-Albertsons merger , arguing it would drive up grocery and pharmacy prices, worsen service, and lower wages and working conditions. In March 2024, the FTC released a report that found higher profit margins as

2028-497: The medical, business, and engineering professions. Formerly a division of The McGraw Hill Companies (later renamed McGraw Hill Financial, now S&P Global ), McGraw Hill Education was divested and acquired by Apollo Global Management in March 2013 for $ 2.4 billion in cash. McGraw Hill was sold in 2021 to Platinum Equity for $ 4.5 billion. McGraw Hill was founded in 1888, when James H. McGraw , co-founder of McGraw Hill, purchased

2080-504: The most egregious of predatory publishers . In November 2017, a federal court in the Court for the District of Nevada granted a preliminary injunction that: "prohibits the defendants from making misrepresentations regarding their academic journals and conferences, including that specific persons are editors of their journals or have agreed to participate in their conferences. It also prohibits

2132-450: The opposition party. However, three members of the FTC throughout its history have been without party affiliation , with the most recent independent, Pamela Jones Harbour , serving from 2003 to 2009. (chair) Yale Law School ( JD ) Yale Law School (JD) Yale Law School (JD) University of Utah Law School (JD) University of Virginia School of Law (JD) Notes As of 2021, there have been: The FTC has three main bureaus:

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2184-635: The request of the FTC, namely "Money Now Funding"/"Cash4Businesses". The FTC alleged that the defendants misrepresented potential earnings, violated the National Do Not Call Register , and violated the FTC's Business Opportunity Rule in preventing a fair consumer evaluation of the business. This was one of the first definitive actions taken by any regulator against a company engaging in transaction laundering, where almost US$ 6 million were processed illicitly. In December 2018, two defendants, Nikolas Mihilli and Dynasty Merchants, LLC, settled with

2236-594: The same party . One member of the body serves as FTC Chair at the President's pleasure, with Commissioner Lina Khan having served as chair since June 2021. Following the Supreme Court decisions against Standard Oil and American Tobacco in May 1911, the first version of a bill to establish a commission to regulate interstate trade was introduced on January 25, 1912, by Oklahoma congressman Dick Thompson Morgan . He would make

2288-597: The same industry (such as suppliers and commercial buyers). The FTC shares enforcement of antitrust laws with the Department of Justice . However, while the FTC is responsible for civil enforcement of antitrust laws, the Antitrust Division of the Department of Justice has the power to bring both civil and criminal action in antitrust matters. The Bureau of Consumer Protection's mandate is to protect consumers against unfair or deceptive acts or practices in commerce. With

2340-461: The staff and duties of Bureau of Corporations , previously established under the Department of Commerce and Labor in 1903. The FTC could additionally challenge "unfair methods of competition" and enforce the Clayton Act's more specific prohibitions against certain price discrimination, vertical arrangements, interlocking directorates , and stock acquisitions. In 1984, the FTC began to regulate

2392-488: The students. It allowed students to share notes and materials for cash or gift cards in return. The site closed on April 29, 2012. On October 3, 2011, Scripps announced it was purchasing all seven television stations owned by The McGraw-Hill Companies ' broadcasting division McGraw-Hill Broadcasting for $ 212 million; the sale is a result of McGraw-Hill's decision to exit the broadcasting industry to focus on its other core properties, including its publishing unit. This deal

2444-420: The written consent of the commission, Bureau attorneys enforce federal laws related to consumer affairs and rules promulgated by the FTC. Its functions include investigations, enforcement actions, and consumer and business education. Areas of principal concern for this bureau are: advertising and marketing, financial products and practices, telemarketing fraud , privacy and identity protection, etc. The bureau also

2496-924: Was approved by the FTC on October 31 and the FCC on November 29. The deal was completed on December 30, 2011. On November 26, 2012, The McGraw-Hill Companies announced it was selling its entire education division to Apollo Global Management for $ 2.5 billion. On March 22, 2013, McGraw Hill Education announced it had completed the sale and the proceeds were for $ 2.4 billion in cash. In 2012, McGraw Hill acquired Redbird Learning and in 2013, McGraw Hill acquired ALEKS . In 2014, McGraw Hill Education India partnered with GreyCampus to promote Online Learning Courses among University Grants Commission - National eligibility Test Aspirants. In 2014, McGraw Hill acquired Engrade . On June 30, 2015, McGraw-Hill Education announced that Data Recognition Corporation (DRC) had agreed to acquire "key assets" of

2548-580: Was established in 1914 with the passage of the Federal Trade Commission Act , signed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act , a key antitrust statute, as well as the provisions of the FTC Act, 15 U.S.C.   § 41 et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated

2600-656: Was expected to retain McGraw Hill as the corporate name. The merger was called off on May 1, 2020. In 2019, McGraw Hill acquired Core-Plus Mathematics Project . In 2020, McGraw Hill became a distributor for Illustrative Mathematics. In 2021, McGraw Hill acquired Kidaptive . McGraw Hill was sold in 2021 to Platinum Equity for $ 4.5 billion. The McGraw Hill Companies expanded significantly through acquisition, including financial services and broadcasting. Many acquisitions continued with McGraw Hill after their acquisition by Apollo Global Management in 2013. In 1980, McGraw Hill paid

2652-741: Was originally scheduled to take effect on September 4, 2024. U.S. District Judge Ada Brown said the FTC did not have the authority to issue the ban, which she said was "unreasonably overbroad without a reasonable explanation." Victoria Graham, an FTC spokeswoman responded to the ruling by stating "We are seriously considering a potential appeal..." The FTC successfully blocked Nvidia from purchasing ARM holdings in 2022. The FTC has pursued lawsuits against companies to lower drug prices, including for insulin and for inhalers. The FTC launched its investigation into pharmacy benefit managers (PBMs) in 2022. In July 2024, it released an interim report on its 2-year investigation into pharmacy benefit managers ,

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2704-460: Was to sign up." Khan said in a interview that the new rule is designed so that if consumers signed up online, they must also be able to cancel on the same website in the same number of steps. The rule’s final provisions will go into effect 180 days after it is published in the Federal Register . It also targeted airlines and credit card companies over junk fees and high prices. In 2023,

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