[Federal Register Volume 60, Number 119 (Wednesday, June 21, 1995)]
[Notices]
[Page 32323]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-15189]
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FEDERAL TRADE COMMISSION
[Dkt. C-3576]
Lockheed Corporation, 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 acts and practices and unfair methods of competition, this
consent order allows, among other things, the completion of the merger
between Lockheed Corporation and Martin Marietta Corporation, and
requires the merged firm to open up the teaming arrangements that each
individual firm has with infrared sensor producers in order to restore
competition for certain types of military satellites. The consent order
also prohibits certain divisions of the merged firm from gaining access
through other divisions to competitively sensitive information about
competitors' satellite launch vehicles or military aircraft.
DATES: Complaint and Order issued May 9, 1995.\1\
\1\Copies of the Compliant 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:Ann Malester or Laura Wilkinson, FTC/S-
2224, Washington, D.C. 20580. (202) 326-2682.
SUPPLEMENTARY INFORMATION: On Friday, January 27, 1995, there was
published in the Federal Register, 60 FR 5408, a proposed consent
agreement with analysis In the Matter of Lockheed Corporation, 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.
Comments were filed and considered by the Commission. 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. Interpret or apply sec. 5, 38
Stat. 719, as amended; sec. 7, 38 Stat. 731, as amended; 15 U.S.C.
45, 18)
Benjamin I. Berman,
Acting Secretary.
[FR Doc. 95-15189 Filed 6-20-95; 8:45 am]
BILLING CODE 6750-01-M
