[Federal Register Volume 59, Number 242 (Monday, December 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-31125]
[[Page Unknown]]
[Federal Register: December 19, 1994]
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FEDERAL TRADE COMMISSION
[Dkt. C-3540]
Revco D.S., Inc.; 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 requires, among other things, an Ohio-based drugstore
chain to divest, within twelve months, to a Commission approved
acquirer, either the pharmacy business that it owns or the pharmacy
business acquired from Hook-SupeRx, Inc. (HSI) in each of three
geographic areas in Virginia. If the divestitures are not completed
within twelve months, the order requires the respondent to consent to
the appointment of a trustee to divest the assets. In addition, the
consent order requires the respondent to obtain prior Commission
approval, for ten years, before acquiring any similar business interest
in any of the three specified geographic areas.
DATES: Complaint and order issued October 31, 1994.\1\
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\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:
Laura Wilkinson or Ann Malester, FTC/S-2224, Washington, DC 20580.
(202) 326-2830 or 326-2682.
SUPPLEMENTARY INFORMATION: On Wednesday, July 27, 1994, there was
published in the Federal Register, 59 FR 38188, a proposed consent
agreement with analysis In the Matter of Revco D.S., Inc., 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)
Donald S. Clark,
Secretary.
[FR Doc. 94-31125 Filed 12-15-94; 8:45 am]
BILLING CODE 6750-01-M
