96-12707. West Point-Pepperell, Inc.; Prohibited Trade Practices and Affirmative Corrective Actions

[Federal Register Volume 61, Number 99 (Tuesday, May 21, 1996)]
[Notices]
[Page 25495]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-12707]



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FEDERAL TRADE COMMISSION
[Dkt. C-3244]


West Point-Pepperell, Inc.; Prohibited Trade Practices and 
Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Set aside order.

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SUMMARY: This order reopens a 1988 consent order--which required West 
Point to divest certain towel and sheet manufacturing facilities and 
prohibited West Point, for 10 years, from making certain acquisitions 
in the sheet and towel industries without prior Commission approval--
and sets aside the consent order pursuant to the Commission's Prior 
Approval Policy Statement, under which the Commission presumes that the 
public interest requires setting aside the prior approval requirements 
in outstanding merger orders and making them consistent with that 
policy.

DATES: Consent order issued December 14, 1988. Set aside order issued 
October 4, 1995.1

    \1\ Copies of the Consent Order and Set Aside Order are 
available from the Commission's Public Reference Branch, H-130, 6th 
Street and Pennsylvania Avenue NW., Washington, D.C. 20580.
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FOR FURTHER INFORMATION CONTACT: Daniel Ducore, FTC/S-2115, Washington, 
D.C. 20580, [phone].

SUPPLEMENTARY INFORMATION: In the Matter of West Point-Pepperell, Inc. 
The prohibited trade practices and/or corrective actions are removed as 
indicated.

Authority: 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. 96-12707 Filed 5-20-96; 8:45 am]
BILLING CODE 6750-01-M