[Federal Register Volume 59, Number 173 (Thursday, September 8, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-22123]
[[Page Unknown]]
[Federal Register: September 8, 1994]
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FEDERAL TRADE COMMISSION
[Dkt. C-3519]
TCH 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 requires, among other things, two California-based
corporations to divest, within one year, to a Commission-approved
buyer, the pharmacy business in either the Payless or the Thrifty or
Bi-Mart stores in six designated areas, requires the respondents to
ensure that the assets to be divested remain viable and marketable, and
for ten years requires that the respondents obtained Commission
approval prior to acquiring any stock or other interest in any entity
engaged in the business of selling prescription drugs at retail stores
in the six areas designated.
DATES: Complaint and Order issued August 16, 1994.\1\
\1\Copies of the Complaint, the Decision and Order, and
Commissioner Owen's statement are available from the Commission's
Public Reference Branch, H-130, 6th Street & Pennsylvania Avenue,
NW., Washington, DC 20580.
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FOR FURTHER INFORMATION CONTACT:
Laura Wilkinson or Ann Malester, FTC/S-2224, Washington, DC 20580.
(202) 326-2830 or 326-2682.
SUPPLEMENTARY INFORMATION: On Monday, April 4, 1994, there was
published in the Federal Register, 59 FR 15736, a proposed consent
agreement with analysis In the Matter of TCH 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.
A comment was filed and considered by the Commission. The
Commission has ordered the issuance of the modified complaint, made its
jurisdictional findings and entered an order to divest 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. 94-22123 Filed 9-7-94; 8:45 am]
BILLING CODE 6750-01-M
