[Federal Register Volume 61, Number 125 (Thursday, June 27, 1996)]
[Notices]
[Page 33510]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-16483]


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FEDERAL TRADE COMMISSION
[Dkt. C-3478]


The Valspar Corporation, et al., Prohibited Trade Practices and 
Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Modifying order.

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SUMMARY: The order reopens a 1994 consent order that settled 
allegations that Valspar's acquisition of the Resin Products Division 
of Cargill, Inc. would eliminate competition between two leading U.S. 
producers of coating resins. This order modifies the consent order by 
deleting the prior approval requirements in Paragraphs VI and VII 
pursuant to the Commission's Prior Approval Policy, under which the 
Commission presumes that the public interest requires reopening prior 
approval provisions in outstanding merger orders and making them 
consistent with the policy.

DATES: Consent order issued January 25, 1994. Modifying order issued 
August 29, 1995.\1\

    \1\ Copies of the Modifying Order and Commissioner Azcuenaga's 
statement are available from the Commission's Public Reference 
Branch, H-130, 6th Street and Pennsylvania Avenue, N.W., Washington, 
D.C. 20580.
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FOR FURTHER INFORMATION CONTACT:
Daniel Ducore, FTC/S-2115, Washington, D.C. 20580. (202) 326-2526.

SUPPLEMENTARY INFORMATION: In the matter of The Valspar Corporation, et 
al. The prohibited trade practices and/or corrective actions as set 
forth at 59 FR 11610, are changed, in part, as indicated in the 
summary.

(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. 96-16483 Filed 6-26-96; 8:45 am]
BILLING CODE 6750-01-M