[Federal Register Volume 60, Number 115 (Thursday, June 15, 1995)]
[Notices]
[Pages 31469-31470]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14692]



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FEDERAL TRADE COMMISSION
[Docket No. C-3580]


Montedison S.p.A., 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, the Royal Dutch Petroleum 
Company and the Shell Group of Companies to divest all of Shell Oil's 
polypropylene assets to Union Carbide Corporation, or to another 
Commission approved acquirer, within six months, requires Montedision 
to relinquish revenues under the profit sharing agreement from future 
U.S. licenses by Mitsui Petrochemical Industries Ltd., and requires the 
respondents, for ten years, to obtain Commission approval before 
acquiring any interest in such a company or before entering into 
similar agreements.

DATES: Complaint and Order issued May 25, 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:
Howard Morse or Rhett Krulla, FTC/S-3627, Washington, DC 20580. (202) 
326-2949 or 326-2608.

SUPPLEMENTARY INFORMATION: On Friday, January 27, 1995, there was 
published in the Federal Register, 60 FR 5414, a proposed consent 
agreement with analysis In the matter of Montedison S.p.A., 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.
    No comments having been received, the Commission has ordered the 
issuance of the complaint in the form contemplated by the agreement, 
made [[Page 31470]] 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)
Benjamin I. Berman,
Acting Secretary.
[FR Doc. 95-14692 Filed 6-14-95; 8:45 am]
BILLING CODE 6750-01-M