[Federal Register Volume 62, Number 12 (Friday, January 17, 1997)]
[Notices]
[Page 2673]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-1234]
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
[Dkt. C-3676]
The May Department Stores Co.; 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 or deceptive acts or practices and unfair methods of
competition, this consent order requires, among other things, a
Missouri-based company to cease unwarranted collection activity on
certain acquired credit card accounts, to correct the inaccurate or
obsolete credit data it sent to credit reporting agencies concerning
these accounts, and to take steps to ensure that the information
maintained and reported with respect to the acquired accounts is
accurate. In addition, the consent order prohibits the respondent from
sending credit cards to consumers, except: in response to an oral or
written request or application for the credit card; or as a renewal of,
or substitute for, an accepted credit card.
DATES: Complaint and Order issued July 9, 1996.\1\
\1\ Copies of the Complaint and the Decision and Order are
available from the Commission's Public Reference Branch, H-130, 6th
Street & Pennsylvania Avenue, NW., Washington, DC 20580.
---------------------------------------------------------------------------
FOR FURTHER INFORMATION CONTACT: Christopher W. Keller, FTC/S-4429,
Washington, DC 20580. (202) 326-3159.
SUPPLEMENTARY INFORMATION: On Tuesday, April 30, 1996, there was
published in the Federal Register, 61 FR 19064, a proposed consent
agreement with analysis In the Matter of The May Department Stores
Company, 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.
No comments having been received, the Commission has ordered the
issuance of the complaint in the form contemplated by the agreement,
made its jurisdictional findings and entered an order to cease and
desist, as set forth in the proposed consent agreement, 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; 82 Stat. 146, 147; 15 U.S.C. 45, 1601, et
seq.)
Donald S. Clark,
Secretary.
[FR Doc. 97-1234 Filed 1-16-97; 8:45 am]
BILLING CODE 6750-01-M
