[Federal Register Volume 61, Number 75 (Wednesday, April 17, 1996)]
[Notices]
[Page 16794]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-9417]
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FEDERAL TRADE COMMISSION
[Dkt. C-3631]
Federal News Service Group, 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 or deceptive acts or practices and unfair methods of
competition, this consent order prohibits, among other things, a
District of Columbia corporation that sells verbatim news transcripts,
and its president, from agreeing, or soliciting an agreement, to
allocate customers or divide markets with any provider of news
transcripts; entering into, continuing, or renewing any agreement that
prevents Reuters America from competing with the respondents in the
production, marketing or sale of news transcripts; renewing its news
transcript supply agreement with Reuters America for five years;
agreeing, or soliciting agreements, with competitors to fix or maintain
resale prices for news transcripts; and requiring or pressuring any
competitor to maintain or adopt any resale price for news transcripts.
DATES: Complaint and Order issued December 18, 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:
Michael Antalics, FTC/S-2627, Washington, D.C. 20580. (202) 326-2821.
SUPPLEMENTARY INFORMATION: On Thursday, October 5, 1995, there was
published in the Federal Register 60 FR 52186, a proposed consent
agreement with analysis In the Matter of Federal News Service Group,
Inc., et al., for the purpose of solicitng 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. Interprets or applies sec. 5,
38 Stat. 719, as amended; 15 U.S.C. 45)
Donald S. Clark,
Secretary.
[FR Doc. 96-9417 Filed 4-16-96; 8:45 am]
BILLING CODE 6750-01-M
