[Federal Register Volume 61, Number 49 (Tuesday, March 12, 1996)]
[Notices]
[Pages 9995-9996]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-5877]
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FEDERAL TRADE COMMISSION
[Docket No. C-3601]
KGE, Inc.; Prohibited Trade Practices, and Affirmative Corrective
Actions
AGENCY: Federal Trade Commission.
ACTION: Consent Order.
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SUMMARY: In the settlement of alleged violations of federal law
prohibiting unfair acts and practices and unfair methods of
competition, this consent order requires, among other things, a video
dating service franchise to properly and accurately disclose the annual
percentage rate (APR) and other credit terms of financed memberships,
as required by the federal Truth in Lending Act, and requires the
franchise to establish adjustment refund programs to compensate its
past and current members who overpaid finance charges.
DATES: Complaint and Order issued August 11, 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, N.W., Washington, D.C. 20580.
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FOR FURTHER INFORMATION CONTACT:
Stephen Cohen, FTC/S-4429, Washington, DC 20580. (202) 326-3222.
SUPPLEMENTARY INFORMATION: On Monday, June 5, 1995, there was published
in the Federal Register, 60 FR 29618, a proposed consent agreement with
analysis In the Matter of KGE, Inc., for the purpose of soliciting
public comment. Interested parties were given
[[Page 9996]]
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. 96-5877 Filed 3-11-96; 8:45 am]
BILLING CODE 6750-01-M
