[Federal Register Volume 59, Number 123 (Tuesday, June 28, 1994)]
[Unknown Section]
[Page ]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-15631]


[Federal Register: June 28, 1994]


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FEDERAL TRADE COMMISSION
[Dkt. 9226]


Textron 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, this 
consent order requires, among other things, the respondent to license 
to a Commission-approved entity the right to manufacture and sell 
Monobolt rivets, divest to the licensee certain Monobolt manufacturing 
assets, and provide technical assistance to the licensee for five 
years.

DATES: Complaint issued February 28, 1989. Order issued May 6, 1994.\1\

    \1\Copies of the Complaint, the Decision and Order, and 
Commissioner Azcuenaga's statement are available from the 
Commission's Public Reference Branch, H-130, 6th Street & 
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Pennsylvania Avenue, N.W., Washington, D.C. 20580.

FOR FURTHER INFORMATION CONTACT: Howard Morse, FTC/S-3627, Washington, 
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DC 20580, (202) 326-6320.

SUPPLEMENTARY INFORMATION: On Friday, November 12, 1993, there was 
published in the Federal Register, 58 FR 60026, a proposed consent 
agreement with analysis In the Matter of Textron 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.
    Comments were filed and considered by the Commission. The 
Commission has 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. 94-15631 Filed 6-27-94; 8:45 am]
BILLING CODE 6750-01-M