[Federal Register Volume 59, Number 242 (Monday, December 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-31125]


[[Page Unknown]]

[Federal Register: December 19, 1994]


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FEDERAL TRADE COMMISSION
[Dkt. C-3540]

 

Revco D.S., 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, an Ohio-based drugstore 
chain to divest, within twelve months, to a Commission approved 
acquirer, either the pharmacy business that it owns or the pharmacy 
business acquired from Hook-SupeRx, Inc. (HSI) in each of three 
geographic areas in Virginia. If the divestitures are not completed 
within twelve months, the order requires the respondent to consent to 
the appointment of a trustee to divest the assets. In addition, the 
consent order requires the respondent to obtain prior Commission 
approval, for ten years, before acquiring any similar business interest 
in any of the three specified geographic areas.

DATES: Complaint and order issued October 31, 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:
Laura Wilkinson or Ann Malester, FTC/S-2224, Washington, DC 20580. 
(202) 326-2830 or 326-2682.

SUPPLEMENTARY INFORMATION: On Wednesday, July 27, 1994, there was 
published in the Federal Register, 59 FR 38188, a proposed consent 
agreement with analysis In the Matter of Revco D.S., 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.
    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. 
45, 18)
Donald S. Clark,
Secretary.
[FR Doc. 94-31125 Filed 12-15-94; 8:45 am]
BILLING CODE 6750-01-M