[Federal Register Volume 61, Number 152 (Tuesday, August 6, 1996)]
[Notices]
[Page 40845]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-19944]


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FEDERAL TRADE COMMISSION
[Dkt. 9205]


Occidental Petroleum 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 modified consent order that settled 
allegations that Occidental's acquisition of Tenneco would 
substantially reduce competition in the U.S. market for mass and 
suspension PVC and required the Commission's prior approval before 
acquiring the stock or PVC assets of any PVC producer in the United 
States. This order modifies the consent order by deleting the prior 
approval requirements in Paragraph VI of the consent order pursuant to 
the Commission's Prior Approval Policy, under which the Commission 
presumes that the public interest requires reopening cases and setting 
aside the prior approval provisions in outstanding merger orders, 
making them consistent with the policy.

DATES: Consent order issued February 3, 1994. Modifying order issued 
November 16, 1995.\1\

    \1\ Copies of the Modifying Order 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 Occidental Petroleum 
Corporation, et al. The prohibited trade practices and/or corrective 
actions as set forth at 59 FR 15735, 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)
Benjamin I. Berman,
Acting Secretary.
[FR Doc. 96-19944 Filed 8-5-96; 8:45 am]
BILLING CODE 6750-01-M