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FTC Talks About GTA

A federal investigation into Rockstar Games and Take-Two Interactive may already be underway. Although no official announcement has come, by law the Federal Trade Commission is not allowed to comment on an ongoing investigation, according to a spokeswoman for the FTC that I spoke to this morning.

Neither Sen. Hillary Clinton's request nor the House resolution that passed Monday night have the force of law to require the FTC to launch an investigation, but it certainly would have an impact on any decision. Afterall, Congress does make the laws.

FTC spokeswoman Claudia Bourne Farrell said an investigation would only be made public after its conclusion and only then if a law enforcement action were taken. She added that the FTC would be able to confirm any statements made by Take-Two to the SEC about an investigation.

We take the GTA situation very seriously, as we do the House of Representatives' request.

Although Bourne Farrell would not comment directly on the possibility of a Take-Two investigation, she said if the FTC, which has authority over unfair and deceptive acts and practices that could effect commerce, were to find wrongdoing in an investigation they have the ability to require a defendant to "give up their ill-gotten gains."

I have calls into both Rockstar and Take-Two.

10:00 AM on Tue Jul 26 2005
By Brian Crecente
88 views