In re. Amway Corp.
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In re. Amway Corp. is a 1979 ruling by the United States Federal Trade Commission (93 F.T.C. 618). The ruling concerned the business practices of Amway, a multi-level marketing company. The FTC ruled that although some of Amway's claims made for recruiting purposes were false and/or misleading, the company's overall business model was not an illegal pyramid scheme.
In 1986, Amway was ordered to pay $100,000 as a penalty for violating the ruling.
[edit] References
- Speech by Debra A. Valentine, FTC general counsel, May 13, 1998
- Amway Corp. to Pay $100,000 Civil Penalty
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