[Federal Register Volume 59, Number 8 (Wednesday, January 12, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-750]
[[Page Unknown]]
[Federal Register: January 12, 1994]
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
[Dkt. C-3473]
Imperial Chemical Industries PLC, et al.; Prohibited Trade
Practices, and Affirmative Corrective Actions
AGENCY: Federal Trade Commission.
ACTION: Consent order.
-----------------------------------------------------------------------
SUMMARY: In settlement of alleged violations of federal law prohibiting
unfair acts and practices and unfair methods of competition, this
consent order allows, among other things, the respondents to proceed
with the proposed acquisition of certain DuPont assets, but it requires
the respondents to divest, within 15 months, a predetermined acrylic-
plastic manufacturing capacity by selling one of their U.S. plants to a
Commission-approved purchaser, and to provide the buyer with technical
assistance for 18 months, if necessary. In addition, if the divestiture
is not accomplished in the specified time-frame, the respondents agree
to a Commission-appointed trustee to complete the transaction.
DATES: Complaint and Order issued November 29, 1993.\1\
---------------------------------------------------------------------------
\1\Copies of the Complaint, the Decision and Order, and
Commissioner Owen's statement are available from the Commission's
Public Reference Branch, H-130, 6th Street & Pennsylvania Avenue
NW., Washington, DC 20580.
FOR FURTHER INFORMATION CONTACT:
Rhett Krulla, FTC/S-3302, Washington, DC 20580, (202) 326-2608.
SUPPLEMENTARY INFORMATION: On Wednesday, July 14, 1993, there was
published in the Federal Register, 58 FR 37944, a proposed consent
agreement with analysis In the Matter of Imperial Chemical Industrial
PLC, et al., for the purpose of soliciting public comment. Interested
parties were given sixty (60) days in which to submit comments,
suggestions or objections regarding the proposed form of the order.
Comments were filed and considered by the Commission. The
Commission has ordered the issuance of the complaint, made its
jurisdictional findings and entered an order to divest, in disposition
of this proceeding.
(Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interpret or apply sec. 5, 38
Stat. 719, as amended; sec. 7, 38 Stat. 731, as amended; 15 U.S.C.
45, 18)
Donald S. Clark,
Secretary.
[FR Doc. 94-750 Filed 1-11-94; 8:45 am]
BILLING CODE 6750-01-M
