98-1799. Schwegmann Giant Super Markets, Inc.; Prohibited Trade Practices and Affirmative Corrective Actions

[Federal Register Volume 63, Number 16 (Monday, January 26, 1998)]
[Notices]
[Page 3746]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1799]


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FEDERAL TRADE COMMISSION

[Dkt. C-3584]


Schwegmann Giant Super Markets, Inc.; Prohibited Trade Practices 
and Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Modifying order.

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SUMMARY: This order reopens a 1995 consent order--that required the 
Louisiana-based corporation to divest several supermarkets in the New 
Orleans area--and this order modifies the consent order by replacing a 
provision requiring Schwegmann to obtain prior Commission approval for 
certain transactions, with a prior notice provision for any acquisition 
of retail supermarkets in the New Orleans area that Schwegmann makes 
through June 6, 2005. The Commission determined that the changed 
provisions are warranted and consistent with the Statement of FTC 
Policy Concerning Prior Approval and Prior Notice Provisions and 
therefore justified reopening the proceeding and modifying the order.

DATES: Consent order issued June 2, 1995. Modifying order issued 
February 24, 1997.\1\

    \1\ Copies of the Modifying Order are available from the 
Commission's Public Reference Branch, H-130, 600 Pennsylvania 
Avenue, NW., Washington, DC 20580.
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FOR FURTHER INFORMATION CONTACT:
Daniel Ducore, FTC/S-2115, Washington, DC 20580. [phone].

SUPPLEMENTARY INFORMATION: In the Matter of Schwegmann Giant Super 
Markets, Inc. The prohibited trade practices and/or corrective actions 
as set forth at 60 FR 35032, are changed, in part, as indicated in the 
summary.

(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. 98-1799 Filed 1-23-98; 8:45 am]
BILLING CODE 6750-01-M