[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