95-92. Columbia/HCA Healthcare Corporation; Prohibited Trade Practices, and Affirmative Corrective Actions  

  • [Federal Register Volume 60, Number 2 (Wednesday, January 4, 1995)]
    [Notices]
    [Page 464]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-92]
    
    
    
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    FEDERAL TRADE COMMISSION
    [Dkt C-3544]
    
    
    Columbia/HCA Healthcare Corporation; Prohibited Trade Practices, 
    and Affirmative Corrective Actions
    
    AGENCY: Federal Trade Commission.
    
    ACTION: Consent order.
    
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    SUMMARY: In settlement of alleged violations of federal law prohibiting 
    unfair acts and practices and unfair methods of competition, this 
    consent order permits, among other things, the hospital company to 
    complete its acquisition of Medical Care America, but requires it to 
    divest the Alaska Surgery Center within twelve months to a Commission-
    approved entity. If the transaction is not completed in the designated 
    time frame, the respondents are required to permit the Commission to 
    appoint a trustee. In addition, the consent order requires the 
    respondent, for ten years, to obtain Commission approval before 
    acquiring an interest worth more than $1 million in any outpatient 
    surgical services facility in Anchorage, Alaska, and before selling 
    such an interest to any entity that operates an outpatient surgical 
    services facility in Anchorage, Alaska.
    
    DATES: Complaint and Order issued December 6, 1994.1
    
        \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:
    Mark Horoschak, FTC/S-3115, Washington, DC 20580, (202) 326-2756.
    
    SUPPLEMENTARY INFORMATION: On Friday, September 23, 1994, there was 
    published in the Federal Register, 59 FR 48883, a proposed consent 
    agreement with analysis In the Matter of Columbia/HCA Healthcare 
    Corporation, 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 divest, 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; sec. 7, 38 Stat. 731, as amended; 15 U.S.C. 
    45, 18)
    Benjamin I. Berman,
    Acting Secretary.
    [FR Doc. 95-92 Filed 1-3-95; 8:45 am]
    BILLING CODE 6750-01-M
    
    

Document Information

Published:
01/04/1995
Department:
Federal Trade Commission
Entry Type:
Notice
Action:
Consent order.
Document Number:
95-92
Dates:
Complaint and Order issued December 6, 1994.1
Pages:
464-464 (1 pages)
Docket Numbers:
Dkt C-3544
PDF File:
95-92.pdf