[Federal Register Volume 61, Number 117 (Monday, June 17, 1996)]
[Notices]
[Pages 30615-30616]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15309]
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FEDERAL TRADE COMMISSION
[Dkt. C-3656]
Litton Industries, Inc.; 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, the
California-based corporation to divest, within ninety days, PRC, Inc.'s
$40 million systems engineering and technical assistance contract for
the Navy's Aegis destroyer program. If the divestiture is not completed
as required,
[[Page 30616]]
the Commission may appoint a trustee to finalize the divestiture.
DATES: Complaint and Order issued May 7, 1996.\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:
Ann Malester, FTC/S-2308, Washington, DC 20580, (202) 326-2682.
SUPPLEMENTARY INFORMATION: On Monday, February 26, 1996, there was
published in the Federal Register, 61 FR 7105, a proposed consent
agreement with analysis In the Matter of Litton Industries, Inc., 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. 731, as amended; 15 U.S.C. 45, 18)
Donald S. Clark,
Secretary.
[FR Doc. 96-15309 Filed 6-14-96; 8:45 am]
BILLING CODE 6750-01-M
