[Federal Register Volume 60, Number 69 (Tuesday, April 11, 1995)]
[Notices]
[Pages 18414-18415]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-8863]
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FEDERAL TRADE COMMISSION
[Dkt. C-3564]
Wright Medical Technology, 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, a Tennessee-based research
and development corporation to transfer to the Mayo Foundation, the
licensor of the implant technology to Orthomet, Inc., a complete copy
of all assets relating to Orthomet's business of researching and
developing orthopaedic implants for use in human hands, and also
requires Wright Medical Technology to obtain Commission approval before
acquiring any interest in any firm that has received, or has applied
for, Food and Drug Administration approval to market orthopaedic hand
implants in the United States.
DATES: Complaint and Order issued March 23, 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: Richard B. Dagen, FTC/S-2627,
Washington, DC. 20580. (202) 326-2628.
SUPPLEMENTARY INFORMATION: On Wednesday, January 4, 1995, there was
published in the Federal Register, 60 FR 460, a proposed consent
agreement with analysis In the Matter of Wright Medical Technology,
Inc., et al, for the purpose [[Page 18415]] 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; sec. 7, 38 Stat. 731, as amended; 15 U.S.C.
45, 18)
Donald S. Clark,
Secretary.
[FR Doc. 95-8863 Filed 4-10-95; 8:45 am]
BILLING CODE 6750-01-M
