[Federal Register Volume 59, Number 77 (Thursday, April 21, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-9626]


[[Page Unknown]]

[Federal Register: April 21, 1994]


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FEDERAL TRADE COMMISSION

[Docket No. C-3488]

 

Alvey Holdings, Inc., et al.; Prohibited Trade Practices, and 
Affirmative Correction 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, a Missouri-based 
corporation and its wholly-owned subsidiary to divest, to a Commission-
approved buyer, its own horizontal carousel business within six months 
of acquiring White Storage & Retrieval Systems, Inc., otherwise, a 
Commission-appointed trustee will complete the divestiture. In 
addition, the respondents are required to comply with all the terms of 
a Hold Separate Agreement, and are prohibited, for a period of ten 
years, from acquiring, without prior Commission approval, any interest 
in any entity engaged in the manufacture or sale of horizontal 
carousels in the United States within the previous two years..

DATES: Complaint and Order issued March 30, 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: Howard Morse, FTC/S-3627, Washington, 
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DC 20580, (202) 326-2949.

SUPPLEMENTARY INFORMATION: On Thursday, December 16, 1993, there was 
published in the Federal Register, 58 FR 65712, a proposed consent 
agreement with analysis In the Matter of Alvey Holdings, Inc., 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. 
48, 18)
Donald S. Clark,
Secretary.
[FR Doc. 94-9626 Filed 4-20-94; 8:45 am]
BILLING CODE 6750-01-M