[Federal Register Volume 61, Number 50 (Wednesday, March 13, 1996)]
[Notices]
[Pages 10349-10350]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-5978]
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FEDERAL TRADE COMMISSION
[Dkt. C-3613]
The Scotts Company; 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, Scotts, an Ohio-based
corporation, to divest its Peters Consumer Water Soluble Fertilizer
Business and related assets to Alljack & Company or another Commission-
approved buyer by no later than December 31, 1995. If the divestiture
is not completed on time, the consent order permits the Commission to
appoint a trustee to complete the transaction. In addition, the
Commission substituted a 10-year prior-notice provision for the 10-year
prior-approval provision contained in the proposed consent agreement as
it was published for public comment.
DATES: Complaint and Order issued September 8, 1995.\1\
\1\ Copies of the Complaint, the Decision and Order, and
Commissioner Azcuenaga's statement are available from the
Commission's Public Reference Branch, H-130, 6th Street and
Pennsylvania Avenue NW., Washington, DC 20580.
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FOR FURTHER INFORMATION CONTACT:
Howard Morse or Robert Cook FTC/S-3627, Washington, DC 20580. (202)
326-2949 or 326-2771.
SUPPLEMENTARY INFORMATION: On Thursday, June 15, 1995, there was
published in the Federal Register, 60 FR 31470, a proposed consent
agreement with analysis In the Matter of The Scotts Company, for the
purpose of soliciting
[[Page 10350]]
public comment. Interested parties were given sixty (60) days in which
to submit comments, suggestions or objections regarding the proposed
form of the order.
A comment was filed and considered by the Commission. 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 modified since 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. 96-5978 Filed 3-12-96; 8:45 am]
BILLING CODE 6750-01-M
