[Federal Register Volume 60, Number 119 (Wednesday, June 21, 1995)]
[Notices]
[Page 32323]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-15189]



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FEDERAL TRADE COMMISSION
[Dkt. C-3576]


Lockheed Corporation, 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 allows, among other things, the completion of the merger 
between Lockheed Corporation and Martin Marietta Corporation, and 
requires the merged firm to open up the teaming arrangements that each 
individual firm has with infrared sensor producers in order to restore 
competition for certain types of military satellites. The consent order 
also prohibits certain divisions of the merged firm from gaining access 
through other divisions to competitively sensitive information about 
competitors' satellite launch vehicles or military aircraft.

DATES: Complaint and Order issued May 9, 1995.\1\

    \1\Copies of the Compliant 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:Ann Malester or Laura Wilkinson, FTC/S-
2224, Washington, D.C. 20580. (202) 326-2682.

SUPPLEMENTARY INFORMATION: On Friday, January 27, 1995, there was 
published in the Federal Register, 60 FR 5408, a proposed consent 
agreement with analysis In the Matter of Lockheed Corporation, 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.
    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 cease and desist, 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. 95-15189 Filed 6-20-95; 8:45 am]
BILLING CODE 6750-01-M