[Federal Register Volume 59, Number 127 (Tuesday, July 5, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-16179]
[[Page Unknown]]
[Federal Register: July 5, 1994]
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FEDERAL TRADE COMMISSION
[Dkt. C-3496]
Samick Music Corporation; 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 prohibits, among other things, a California subsidiary of
a Korean piano manufacturer from misrepresenting the composition of any
of its piano soundboards or any other piano parts in the future, and
requires the respondent to pay, to the U.S. Treasury, $266,000 in
disgorgement.
DATES: Complaint and Order issued May 27, 1994.\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:
Darren Bowie, FTC/H-200, Washington, DC 20580. (202) 326-2018.
SUPPLEMENTARY INFORMATION: On Monday, March 21, 1994, there was
published in the Federal Register, 59 FR 13332, a proposed consent
agreement with analysis In the Matter of Samick Music Corporation, 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 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. Interprets or applies sec. 5,
38 Stat. 719, as amended; 15 U.S.C. 45)
Donald S. Clark,
Secretary.
[FR Doc. 94-16179 Filed 7-1-94; 8:45 am]
BILLING CODE 6750-01-M
