96-5880. Great Expectations Creative Management, Inc., et al.; Prohibited Trade Practices, and Affirmative Corrective Actions  

  • [Federal Register Volume 61, Number 49 (Tuesday, March 12, 1996)]
    [Notices]
    [Page 9994]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 96-5880]
    
    
    
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    FEDERAL TRADE COMMISSION
    [Dkt No. C-3604]
    
    
    Great Expectations Creative Management, Inc., et al.; 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, the franchisor of video 
    dating services and its four franchises 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 franchises to establish adjustment refund programs to 
    compensate its past and current members who overpaid and were misled by 
    the undisclosed finance charges and APRs. In addition, the consent 
    order prohibits the respondents from providing franchises contracts 
    with pre-printed APRs.
    
    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 NW., Washington, DC 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 29605, a proposed consent agreement with 
    analysis In the Matter of Great Expectations Creative Management, Inc., 
    et al., 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 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. 96-5880 Filed 3-11-96; 8:45 am]
    BILLING CODE 6750-01-M
    
    

Document Information

Published:
03/12/1996
Department:
Federal Trade Commission
Entry Type:
Notice
Action:
Consent Order.
Document Number:
96-5880
Dates:
Complaint and Order issued August 11, 1995.\1\
Pages:
9994-9994 (1 pages)
Docket Numbers:
Dkt No. C-3604
PDF File:
96-5880.pdf