95-4864. Charter Medical Corporation; Prohibited Trade Practices, and Affirmative Corrective Actions  

  • [Federal Register Volume 60, Number 39 (Tuesday, February 28, 1995)]
    [Notices]
    [Page 10861]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 95-4864]
    
    
    
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    FEDERAL TRADE COMMISSION
    [Docket No. C-3558]
    
    
    Charter Medical Corporation; Prohibited Trade Practices, and 
    Affirmative Corrective Actions
    
    AGENCY: Federal Trade Commission.
    
    ACTION: Consent orders.
    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, Charter Medical Corporation 
    (Charter), a Georgia-based chain of psychiatric hospitals, to modify 
    its agreement to purchase certain National Medical Enterprises (NME) 
    facilities to rescind Charter's acquisitions of NME psychiatric 
    facilities in four specified localities. In addition, the consent order 
    requires Charter, for ten years, to secure Commission approval before 
    acquiring or divesting psychiatric facilities in those localities.
    DATES: Complaint and Order issued February 14, 1995.\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.
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    FOR FURTHER INFORMATION CONTACT: Robert W. Doyle, Jr. or Ronald B. 
    Rowe, FTC/S-2105, Washington, DC 20580, (202) 326-2819 or 326-2610.
    
    SUPPLEMENTARY INFORMATION: On Monday, November 28, 1994, there was 
    published in the Federal Register, 59 FR 60804, a proposed consent 
    agreement with analysis In the Matter of Charter Medical 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, 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. 95-4864 Filed 2-27-95; 8:45 am]
    BILLING CODE 6750-01-M
    
    

Document Information

Published:
02/28/1995
Department:
Federal Trade Commission
Entry Type:
Notice
Action:
Consent orders.
Document Number:
95-4864
Dates:
Complaint and Order issued February 14, 1995.\1\
Pages:
10861-10861 (1 pages)
Docket Numbers:
Docket No. C-3558
PDF File:
95-4864.pdf