「」。
A US consumer group has designated RealPlayer as 'badware.'
Literal
US consumer-group [subject-が] RealPlayer [object-を] 'badware' [quotative-と] designate.
A news-headline-style fragment. Note the missing copula/verb ending: the sentence ends in 認定, a noun/verbal-noun that would normally need する to become a full predicate. Headline-ese in Japanese frequently drops する (認定 instead of 認定した) along with articles, particles, and honorifics, producing a terser, tabloid-like register. The ~と here is the quotative marker specifying how something is designated — 'designate X as Y,' where Y is framed as the label applied to X. 米 is the one-kanji abbreviation for 'US' / 'America' (from 米国); 消費者団体 is 'consumer group/organization.'