[Federal Register Volume 61, Number 119 (Wednesday, June 19, 1996)]
[Notices]
[Pages 31120-31121]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-15495]
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FEDERAL TRADE COMMISSION
[Docket No. C-3638]
The Upjohn Company, 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 requires, among other things, the
respondents to divest, within 12 months, Pharmacia Aktiebolag's 9-AC
assets, an inhibitor drug for the treatment of colorectal cancer, to a
Commission-approved acquirer. If the transaction is not completed in
the prescribed time, the Commission will be allowed to appoint a
trustee.
DATES: Complaint and Order issued February 8, 1996.\2\
\2\ 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.
FOR FURTHER INFORMATION CONTACT:
[[Page 31121]]
Ann Malester, FTC/S-2308, Washington, D.C. 20580. (202) 326-2682.
SUPPLEMENTARY INFORMATION: On Tuesday, November 7, 1995, there was
published in the Federal Register, 60 FR 56153, a proposed consent
agreement with analysis In the Matter of The Upjohn Company, et al.,
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. 96-15495 Filed 6-18-96; 8:45 am]
BILLING CODE 6750-01-M
