[Federal Register Volume 60, Number 111 (Friday, June 9, 1995)]
[Notices]
[Pages 30549-30550]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14185]



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FEDERAL TRADE COMMISSION
[Dkt. C-3577]


The Penn Traffic company; 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 permits, among other things, the Penn Traffic Company to 
acquire a number of Acme supermarkets from American Stores Company, but 
requires it to divest, to a Commission approved acquirer or acquirers 
within twelve months, one supermarket in each of the three Pennsylvania 
areas designated (Towanda, Mount Carmel, and Pittston). If the 
divestitures are not completed on time, the consent order permits the 
[[Page 30550]] Commission to appoint a trustee to complete the 
transactions. In addition, the consent order requires the respondent, 
for ten years, to obtain Commission approval before acquiring any 
interest in any entity that owns or operates a supermarket in any of 
the three areas designated.

DATES: Complaint and Order issued May 15, 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, N.W., Washington, D.C. 20580.
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FOR FURTHER INFORMATION CONTACT:
Ronald Rowe or Marimichael Skubel, FTC/S-2105, Washington, D.C. 20580. 
(202) 326-2610 or 326-2611.

SUPPLEMENTARY INFORMATION: On Monday, February 13, 1995, there was 
published in the Federal Register, 60 FR 8239, a proposed consent 
agreement with analysis In the Matter of the Penn Traffic Company, 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.

    Comments were filed and considered by the Commission. 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. 95-14185 Filed 6-8-95; 8:45 am]
BILLING CODE 6750-01-M