[Federal Register Volume 61, Number 49 (Tuesday, March 12, 1996)]
[Notices]
[Pages 9995-9996]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-5877]



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

FEDERAL TRADE COMMISSION
[Docket No. C-3601]


KGE, Inc.; Prohibited Trade Practices, and Affirmative Corrective 
Actions

AGENCY: Federal Trade Commission.

ACTION: Consent Order.

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

SUMMARY: In the settlement of alleged violations of federal law 
prohibiting unfair acts and practices and unfair methods of 
competition, this consent order requires, among other things, a video 
dating service franchise to properly and accurately disclose the annual 
percentage rate (APR) and other credit terms of financed memberships, 
as required by the federal Truth in Lending Act, and requires the 
franchise to establish adjustment refund programs to compensate its 
past and current members who overpaid finance charges.

DATES: Complaint and Order issued August 11, 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.
---------------------------------------------------------------------------

FOR FURTHER INFORMATION CONTACT:
Stephen Cohen, FTC/S-4429, Washington, DC 20580. (202) 326-3222.

SUPPLEMENTARY INFORMATION: On Monday, June 5, 1995, there was published 
in the Federal Register, 60 FR 29618, a proposed consent agreement with 
analysis In the Matter of KGE, Inc., for the purpose of soliciting 
public comment. Interested parties were given

[[Page 9996]]
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 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; 82 Stat. 146, 147; 15 U.S.C. 45, 1601, et 
seq.)
Donald S. Clark,
Secretary.
[FR Doc. 96-5877 Filed 3-11-96; 8:45 am]
BILLING CODE 6750-01-M