[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