[Federal Register Volume 60, Number 60 (Wednesday, March 29, 1995)]
[Notices]
[Page 16148]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-7632]



[[Page 16148]]

FEDERAL TRADE COMMISSION

[Dkt. 9266]


Red Apple Companies, Inc., et al.; Prohibited Trade Practices, 
and Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Consent order.

-----------------------------------------------------------------------

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, three New York-based 
companies and their officer to divest six supermarkets, within 12 
months, to a Commission-approved acquirer or acquirers. If the 
respondents fail to satisfy the divestiture requirements, the consent 
order permits the Commission to appoint a trustee to divest 
supermarkets to satisfy the terms of the order. The consent order also 
prohibits the respondents, for ten years, from acquiring, without prior 
Commission approval, any supermarket or any interest in an entity that 
owns or operates a supermarket in New York County south of 116th 
Street. In addition, the respondents, for ten years, are prohibited 
from entering into or enforcing any restrictions that would prevent any 
person acquiring any supermarket owned or operated by any respondent in 
New York County south of 116th Street from operating the stores as 
supermarkets.

DATES: Compaint issued May 27, 1994. Order issued February 28, 1995.\1\

    \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:
Ronald Rowe, FTC/S-2105, Washington, DC 20580. (202) 326-2610.

SUPPLEMENTARY INFORMATION: On Monday, December 19, 1994, there was 
published in the Federal Register, 59 FR 65364, a proposed consent 
agreement with analysis In the Matter of Red Apple Companies, Inc., 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 from 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. 95-7632 Filed 3-28-95; 8:45 am]
BILLING CODE 6750-01-M