[Federal Register Volume 60, Number 128 (Wednesday, July 5, 1995)]
[Notices]
[Page 35032]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-16452]
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FEDERAL TRADE COMMISSION
[Dkt. C-3584]
Schwegmann Giant Super Markets, 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 acts and practices and unfair methods of competition--in
connection with Schwegmann's proposed acquisition of supermarkets owned
by National Holdings, Inc.--this consent order requires among other
things, the Louisiana-based corporation to divest, within twelve
months, seven stores in the New Orleans area to Commission-approved
purchasers, and requires the respondent, for ten years, to obtain
Commission approval before acquiring an interest in a supermarket, or
another entity that operates a supermarket, in the relevant area.
DATES: Complaint and Order issued June 2, 1995.\1\
\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, D.C. 20580.
FOR FURTHER INFORMATION CONTACT: Ronald Rowe, FTC/S-2105, Washington,
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D.C. 20580. (202) 326-2610.
SUPPLEMENTARY INFORMATION: On Wednesday, March 15, 1995, there was
published in the Federal Register, 60 FR 13993, a proposed consent
agreement with analysis In the Matter of Schwegmann Giant Super
Markets, 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. 719, as amended; sec. 7, 38 Stat. 731, as amended; 15 U.S.C.
45, 18)
Donald S. Clark,
Secretary.
[FR Doc. 95-16452 Filed 7-3-95; 8:45 am]
BILLING CODE 6750-01-M