[Federal Register Volume 60, Number 46 (Thursday, March 9, 1995)]
[Notices]
[Pages 12947-12948]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-5787]



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FEDERAL TRADE COMMISSION
[Dkt. C-3557]


American Home Products 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 method of competition--in 
connection with American Home Products Corporation's acquisition of 
American Cyanamid Company--this consent order requires, among other 
things, the New Jersey-based corporation to divest its tetanus and 
diphtheria vaccine business to a Commission-approved buyer; to license 
Cyanamid's rotavirus vaccine research to a Commission-approved 
licensee; and to change a previously established licensing agreement to 
ensure that it does not obtain certain competitively sensitive 
information. The consent order also prohibits, for ten years, the 
respondent from acquiring any interest in any entity engaged in the 
clinical development, manufacture, or sale of tetanus, diphtheria, or 
rotavirus vaccines in the United States without prior Commission 
approval.

[[Page 12948]] DATES: Complaint and Order issued February 14, 1995.\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 & 
Pennsylvania Avenue, NW., Washington, DC 20580.

FOR FURTHER INFORMATION CONTACT:Claudia Higgins or Ann Malester, FTC/S-
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2224, Washington, DC 20580. (202) 326-2682.

SUPPLEMENTARY INFORMATION: On Monday, November 28,1994, there was 
published in the Federal Register, 59 FR 60807, a proposed consent 
agreement with analysis In the Matter of American Home Products 
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 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. 95-5787 Filed 3-8-95; 8:45 am]
BILLING CODE 6750-01-M