Federal Register / Vol. 74, No. 40 / Tuesday, March 3, 2009 / Notices 9245 

1Copies of the Minutes of the Federal Open 

Market Committee at its meeting held on January 

27 and 28, 2009, which includes the domestic 

policy directive issued at the meeting, are available 

upon request to the Board of Governors of the 

Federal Reserve System, Washington, D.C. 20551. 

The minutes are published in the Federal Reserve 

Bulletin and in the Board’s annual report. 

1 The comment must be accompanied by an 

explicit request for confidential treatment, 

including the factual and legal basis for the request, 

and must identify the specific portions of the 

comment to be withheld from the public record. 

The request will be granted or denied by the 

Commission’s General Counsel, consistent with 

applicable law and the public interest. See 

Commission Rule 4.9(c), 16 CFR 4.9(c). 

FEDERAL RESERVE SYSTEM 

Federal Open Market Committee; 

Domestic Policy Directive of January 

27 and 28, 2009 

In accordance with § 271.25 of its 

rules regarding availability of 

information (12 CFR part 271), there is 

set forth below the domestic policy 

directive issued by the Federal Open 

Market Committee at its meeting held 

on January 27 and 28, 2009.1

The Federal Open Market Committee 

seeks monetary and financial conditions 

that will foster price stability and 

promote sustainable growth in output. 

To further its long–run objectives, the 

Committee seeks conditions in reserve 

markets consistent with federal funds 

trading in a range of 0 to 1⁄4 percent. The 

Committee directs the Desk to purchase 

GSE debt and agency–guaranteed MBS 

during the intermeeting period with the 

aim of providing support to the 

mortgage and housing markets. The 

timing and pace of these purchases 

should depend on conditions in the 

markets for such securities and on a 

broader assessment of conditions in 

primary mortgage markets and the 

housing sector. By the end of the second 

quarter of this year, the Desk is expected 

to purchase up to $100 billion in 

housing–related GSE debt and up to 

$500 billion in agency–guaranteed MBS. 

The System Open Market Account 

Manager and the Secretary will keep the 

Committee informed of ongoing 

developments regarding the System’s 

balance sheet that could affect the 

attainment over time of the Committee’s 

objectives of maximum employment 

and price stability. 

By order of the Federal Open Market 

Committee, February 19, 2009. 

Brian F. Madigan, 

Secretary, Federal Open Market Committee. 

[FR Doc. E9–4471 Field 3–2–09; 8:45 am] 

BILLING CODE 6210–01–S 

FEDERAL TRADE COMMISSION 

[File No. 071 0230] 

The Lubrizol Corporation and The 

Lockhart Company; Analysis of 

Agreement Containing Consent Order 

to Aid Public Comment 

AGENCY: Federal Trade Commission. 

ACTION: Proposed Consent Agreement. 

SUMMARY: The consent agreement in this 

matter settles alleged violations of 

federal law prohibiting unfair or 

deceptive acts or practices or unfair 

methods of competition. The attached 

Analysis to Aid Public Comment 

describes both the allegations in the 

draft complaint and the terms of the 

consent order—embodied in the consent 

agreement—that would settle these 

allegations. 

DATES: Comments must be received on 

or before March 27, 2009. 

ADDRESSES: Interested parties are 

invited to submit written comments. 

Comments should refer to ‘‘Lubrizol and 

Lockhart, File No. 071 0230,’’ to 

facilitate the organization of comments. 

A comment filed in paper form should 

include this reference both in the text 

and on the envelope, and should be 

mailed or delivered to the following 

address: Federal Trade Commission/ 

Office of the Secretary, Room 135-H, 

600 Pennsylvania Avenue, N.W., 

Washington, D.C. 20580. Comments 

containing confidential material must be 

filed in paper form, must be clearly 

labeled ‘‘Confidential,’’ and must 

comply with Commission Rule 4.9(c). 

16 CFR 4.9(c) (2005).1 The FTC is 

requesting that any comment filed in 

paper form be sent by courier or 

overnight service, if possible, because 

U.S. postal mail in the Washington area 

and at the Commission is subject to 

delay due to heightened security 

precautions. Comments that do not 

contain any nonpublic information may 

instead be filed in electronic form by 

following the instructions on the webbased form at (http:// 

secure.commentworks.com/ftcLubrizolLockhart). To ensure that the 

Commission consider an electronic 

comment, you must file it on that webbased form. 

The FTC Act and other laws the 

Commission administers permit the 

collection of public comments to 

consider and use in this proceeding as 

appropriate. All timely and responsive 

public comments, whether filed in 

paper or electronic form, will be 

considered by the Commission, and will 

be available to the public on the FTC 

website, to the extent practicable, at 

www.ftc.gov. As a matter of discretion, 

the FTC makes every effort to remove 

home contact information for 

individuals from the public comments it 

receives before placing those comments 

on the FTC website. More information, 

including routine uses permitted by the 

Privacy Act, may be found in the FTC’s 

privacy policy, at (http://www.ftc.gov/ 

ftc/privacy.shtm). 

FOR FURTHER INFORMATION CONTACT: 

Leonard L. Gordon, Nancy Turnblacer, 

and Alan B. Loughnan, Northeast 

Regional Office, 600 Pennsylvania 

Avenue, NW, Washington, D.C. 20580, 

(212) 607-2829. 

SUPPLEMENTARY INFORMATION: Pursuant 

to section 6(f) of the Federal Trade 

Commission Act, 38 Stat. 721, 15 U.S.C. 

46(f), and § 2.34 of the Commission 

Rules of Practice, 16 CFR 2.34, notice is 

hereby given that the above-captioned 

consent agreement containing a consent 

order to cease and desist, having been 

filed with and accepted, subject to final 

approval, by the Commission, has been 

placed on the public record for a period 

of thirty (30) days. The following 

Analysis to Aid Public Comment 

describes the terms of the consent 

agreement, and the allegations in the 

complaint. An electronic copy of the 

full text of the consent agreement 

package can be obtained from the FTC 

Home Page (for February 26, 2009), on 

the World Wide Web, at (http:// 

www.ftc.gov/os/2009/02/index.htm). A 

paper copy can be obtained from the 

FTC Public Reference Room, Room 130- 

H, 600 Pennsylvania Avenue, NW, 

Washington, D.C. 20580, either in 

person or by calling (202) 326-2222. 

Public comments are invited, and may 

be filed with the Commission in either 

paper or electronic form. All comments 

should be filed as prescribed in the 

ADDRESSES section above, and must be 

received on or before the date specified 

in the DATES section. 

Analysis of Agreement Containing 

Consent Order to Aid Public Comment 

I. Introduction 

The Federal Trade Commission 

(‘‘Commission’’) has accepted, subject to 

final approval, an Agreement 

Containing Consent Order (‘‘Consent 

Agreement’’) from The Lubrizol 

Corporation and The Lockhart Company 

(‘‘Respondents’’). The Consent 

Agreement is intended to resolve 

anticompetitive effects stemming from 

The Lubrizol Corporation’s (‘‘Lubrizol’’) 

acquisition of certain assets of The 

Lockhart Company (‘‘Lockhart’’) in the 

United States market for rust 

preventives containing oxidates. Under 

the terms of the proposed Consent 

Agreement, Lubrizol is required to 

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