[Federal Register Volume 61, Number 117 (Monday, June 17, 1996)]
[Notices]
[Page 30615]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15307]
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FEDERAL TRADE COMMISSION
[Docket No. C-3645]
Johnson & Johnson; 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 requires, among other things, a New
Jersey-based manufacturer of health care products to divest, within 12
months, the Cordis Neuroscience Business to a Commission-approved
acquirer. If the transaction is not complete as required, then the
Commission may appoint a trustee.
DATES: Complaint and Order issued March 19, 1996.\1\
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\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.
FOR FURTHER INFORMATION CONTACT: Ann Malester, FTC/S-2308, Washington,
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DC 20580. (202) 326-2682.
SUPPLEMENTARY INFORMATION: On Tuesday, January 2, 1996, there was
published in the Federal Register, 61 FR 66, a proposed consent
agreement with analysis In the Matter of Johnson & Johnson, 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 divest, 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. 96-15307 Filed 6-14-96; 8:45 am]
BILLING CODE 6750-01-M
