Federal Register / Vol. 60, No. 69 / Tuesday, April 11, 1995 / Notices 18411

1Copies of the Complaint and the Decision and

Order are available from the Commission’s Public

Reference Branch, H–130, 6th Street & Pennsylvania

Avenue, NW., Washington, DC 20580.

required, for ten years, to obtain

Commission approval before acquiring

any stock in any entity that

manufactures, or is an exclusive

distributor for another manufacturer of,

extended release generic verapamil in

the United States.

DATES: Complaint and Order issued

March 27, 1995.1

FOR FURTHER INFORMATION CONTACT:

Melissa Heydenreich, FTC/S–2224,

Washington, DC 20580, (202) 326–2543.

SUPPLEMENTARY INFORMATION: On

Thursday, January 5, 1995, there was

published in the Federal Register, 60 FR

1782, a proposed consent agreement

with analysis In the Matter of IVAX

Corporation, 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.

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; sec.

7, 38 Stat. 731, as amended; 15 U.S.C. 45, 18)

Donald S. Clark,

Secretary.

[FR Doc. 95–8860 Filed 4–10–95; 8:45 am]

BILLING CODE 6750–01–M

[File No. 931–0134]

Korean Video Stores, et al.; Proposed

Consent Agreement With Analysis to

Aid Public Comment

AGENCY: Federal Trade Commission.

ACTION: Proposed Consent Agreement.

SUMMARY: In settlement of alleged

violations of federal law prohibiting

unfair acts and practices and unfair

methods of competition, this consent

agreement, accepted subject to final

Commission approval, would prohibit,

among other things, a Maryland based

video store association and its members

from entering into any agreement to

raise or fix prices in the retail video tape

rental business; and would require its

members to display an announcement of

the settlement in their respective stores

and to publish the text of the corrective

posters in three Korean-language

newspapers in the Washington, DC area.

DATES: Comments must be received on

or before June 12, 1995.

ADDRESSES: Comments should be

directed to: FTC/Office of the Secretary,

Room 159, 6th St. and Pa. Ave., NW.,

Washington, DC 20580.

FOR FURTHER INFORMATION CONTACT:

Joseph G. Krauss, FTC/H–324,

Washington, DC 20580. (202) 326–2713.

SUPPLEMENTARY INFORMATION: Pursuant

to section 6(f) of the Federal Trade

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

46 and § 2.34 of the Commission’s rules

of practice (16 CFR 2.34), notice is

hereby given that the following consent

agreement containing a consent order to

cease and desist, have been filed with

and accepted, subject to final approval,

by the Commission, has been placed on

the public record for a period of sixty

(60) days. Public comment is invited.

Such comments or views will be

considered by the Commission and will

be available for inspection and copying

at its principal office in accordance with

§ 4.9(b)(6)(ii) of the Commission’s rules

of practice (16 CFR 4.9(b)(6)(ii)).

In the Matter of: Korean Video Stores

Association of Maryland, an unincorporated

association,

Chang Hyun Cho, individually and trading

and doing business as Hana Video;

Bong Soo Ha, individually and trading and

doing business as Video Town;

Yoo Kwan Jun, individually and trading

and doing business as Harford Video;

Dae Yong Kang, individually and trading

and doing business as Daenamoo Video;

Yong Hoon Kang, individually and trading

and doing business as Lotte Gifts Store;

Mi La Kim, individually and trading and

doing business as Koryo Video;

Ki Sik Kim, individually and trading and

doing business as Video Center;

Suk C. Kim, individually and trading and

doing business as Nalee Video;

Ju Young Lee, individually and trading and

doing business as Young Video;

Kyeong Hae Lee, individually and trading

and doing business as Korean Corner;

Chang Jin Park, individually and trading

and doing business as Samsung Video;

Mi Hwa Park, individually and trading and

doing business as Sarangbang Video;

Young Min Ro, individually and trading

and doing business as Hanyang Video;

Chae Sul Song, individually and trading

and doing business as Lucky Gifts;

Tae Eung Yu, individually and trading and

doing business as Hyundai Video; and

Seung Man Yun, individually and trading

and doing business as Gaymi Video; File No.

931–0134.

Agreement Containing Consent Order

The Federal Trade Commission

(‘‘Commission’’), having initiated an

investigation of certain acts and

practices of the Korean Video Stores

Association of Maryland, Chang Hyun

Cho, Bong Soo Ha, Yoo Kwan Jun, Dae

Young Kang, Yong Hoon Kang, Mi La

Kim, Ki Sik Kim, Suk C. Kim, Ju Young

Lee, Kyeong Hae Lee, Chang Jin Park,

Mi Hwa Park, Young Min Ro, Chae Sul

Song, Tae Eung Yu, and Seung Man

Yun, and it now appearing that the

Korean Video Stores Association of

Maryland, Chang Hyun Cho, Bong Soo

Ha, Yu Kwan Jeon, Dae Yong Kang,

Yong Hoon Kang, Mi La Kim, Ki Sik

Kim, Suk C. Kim, Ju Young Lee, Kyeong

Hae Lee, Chang Jin Park, Mi Hwa Park,

Young Min Ro, Chae Sul Song, Tae

Eung Yu, and Seung Man Yun,

hereinafter sometimes referred to as

‘‘proposed Respondents,’’ are willing to

enter into an agreement containing an

Order to cease and desist from certain

acts and providing for other relief,

It is hereby agreed by and between the

proposed Respondents and counsel for

the Commission that:

1. Proposed Respondent Korean Video

Stores Association of Maryland is an

unincorporated trade association. Its

mailing address is c/o Nalee Video, 13–

G Aquahart Plaza, Glen Burnie, MD

21061.

Proposed Respondent Chang Hyun

Cho is an individual trading and doing

business as Hana Video, 220 N. Crain

Highway, Glen Burnie, MD 21061.

Proposed Respondent Bong Soo Ha is

an individual trading and doing

business as Video Town, 2092 Veirs

Mill Road, Rockville, MD 20581.

Proposed Respondent Yu Kwan Jeon

is an individual trading and doing

business as Harford Video, 8904 Harford

Road, Baltimore, MD 21234.

Proposed Respondent Dae Yong Kang

is an individual trading and doing as

Daenamoo Video, 5722 York Road,

Baltimore, MD 21212.

Proposed Respondent Yong Hoon

Kang is an individual trading and doing

business as Lotte Gifts Store, 2201 N.

Charles Street, Baltimore, MD 21218.

Proposed Respondent Mi La Kim is an

individual trading and doing business

as Koryo Video, 10820–G Rhode Island

Avenue, Beltsville, MD 20705.

Proposed Respondent Ki Sik Kim is

an individual trading and doing

business as Video Center, 29 W. North

Avenue, Baltimore, MD 21201.

Proposed Respondent Suk C. Kim is

an individual trading and doing

business as Nalee Video, 13–G Aquahart

Plaza, Glen Burnie, MD 21061.

Proposed Respondent Ju Young Lee is

an individual trading and doing

business ad Young Video, 11790

Parklawn Drive, Rockville, MD 20852.

Proposed Respondent Kyeong Hae Lee

is an individual trading and doing

business as Korean Corner, 12207 Veirs

Mill Road, Wheaton, MD 20906.
18412 Federal Register / Vol. 60, No. 69 / Tuesday, April 11, 1995 / Notices

Proposed Respondent Chang Jin Park

is an individual trading and doing

business as Samsung Video, 3425 N.

Chathom Road #108, Ellicott City, MD

21042.

Proposed Respondent Mi Hwa Park is

an individual trading and doing

business as Sarangbang Video, 2430

York Road, Timonium, MD 21093.

Proposed Respondent Young Min Ro

is an individual trading and doing

business as Hanyang Video, c/o Lucky

World (Laurel), 14222 Cherry Lane Ct.,

Laurel, MD 20707.

Proposed Respondent Chae Sul Song

is an individual trading and doing

business as Lucky Gifts, 1690–D

Annapolis Road, Odenton, MD 21113.

Proposed Respondent Tae Eung Yu is

an individual trading and doing

business as Hyundai Video, 10539

Greenbelt Road, Seabrook, MD 20706.

Proposed Respondent Seung Man Yun

is an individual trading and doing

business as Gaymi Video, 801 S. Crain

Highway, Glen Burnie, MD 21061.

2. Proposed Respondents admit all the

jurisdictional facts set forth in the draft

of complaint.

3. Proposed Respondent waive:

a. Any further procedural steps;

b. The requirement that the

Commission’s decision contain a

statement of findings of fact and

conclusions of law;

c. All rights to seek judicial review or

otherwise to challenge or contest the

validity of the Order entered pursuant to

this agreement; and

d. Any claim under the Equal Access

to Justice Act.

4. This agreement shall not become

part of the public record of the

proceeding unless and until it is

accepted by the Commission. If this

agreement is accepted by the

Commission it, together with the draft of

complaint contemplated thereby, will be

placed on the public record for a period

of sixty (60) days and information in

respect thereto publicly released. The

Commission thereafter may either

withdraw its acceptance of this

agreement and so notify the proposed

Respondents, in which event it will take

such action as it may consider

appropriate, or issue and serve its

complaint (in such form as the

circumstances may require) and

decision, in disposition of the

proceeding.

5. This agreement is for settlement

purposes only and does not constitute

an admission by the proposed

Respondents that the law has been

violated as alleged in the draft of

complaint or that the facts as alleged in

the draft complaint, other than

jurisdictional facts, are true.

6. This agreement contemplates that,

if it is accepted by the Commission, and

if such acceptance is not subsequently

withdrawn by the Commission pursuant

to the provisions of § 2.34 of the

Commission’s rules, the Commission

may, without further notice to the

proposed Respondents, (1) Issue its

complaint correspondent in form and

substance with the draft of complaint

and its decision containing the

following Order to cease and desist in

disposition of the proceeding, and (2)

make information public with respect

thereto. When so entered, the Order to

cease and desist shall have the same

force and effect and may be altered,

modified or set aside in the same

manner and within the same time

provided by statute for other orders. The

Order shall become final upon service.

Delivery by the U.S. Postal Service of

the complaint and decision containing

the agreed-to Order to proposed

Respondents’ addresses as stated in this

agreement shall constitute service.

Proposed Respondents waive any right

they may have to any other manner of

service. The complaint may be used in

construing the terms of the Order, and

no agreement, understanding,

representation or interpretation not

contained in the Order or the agreement

may be used to vary or contradict the

terms of the Order.

7. Proposed Respondents have read

the proposed complaint and Order

contemplated hereby. Proposed

Respondents understand that once the

Order has been issued, they will be

required to file one or more compliance

reports showing that they have fully

complied with the Order. Proposed

Respondents further understand that

they may be liable for civil penalties in

the amount provided by law for each

violation of the Order after it becomes

final.

It is ordered that, as used in this

Order, the following definitions shall

apply:

(A) ‘‘Respondent Korean Video

Association’’ means the Korean Video

Stores Association of Maryland, its

predecessors, subsidiaries, divisions,

members, committees, and groups and

affiliates controlled by the Korean Video

Stores Association of Maryland, their

directors, officers, employees, agents,

and representatives, and their

successors and assigns.

(B) ‘‘Individual Respondents’’ means

Chang Hyun Cho, individually and

trading and doing business as Hana

Video; Bong Soo Ha, individually and

trading and doing business as Video

Town; Yoo Kwan Jun, individually and

trading and doing business as Harford

Video; Dae Yong Kang, individually and

trading and doing business as

Daenamoo Video; Yong Hoon Kang,

individually and trading and doing

business as Lotte Gifts Store; Mi La Kim,

individually and trading and doing

business as Koryo Video, Ki Sik Kim,

individually and trading and doing

business as Video Center; Suk C. Kim,

individually and trading and doing

business as Nalee Video; Ju Young Lee,

individually and trading and doing

business as Young Video; Kyeong Hae

Lee, individually and trading and doing

business as Korean Corner; Chang Jin

Park, individually and trading and

doing business as Samsung Video; Mi

Hwa Park, individually and trading and

doing business as Sarangbang Video;

Young Min Ro, individually and trading

and doing business as Hanyang Video;

Chae Sul Song, individually and trading

and doing business as Lucky Gifts; Tae

Eung Yu, individually and trading and

doing business as Hyundai Video;

Seung Man Yun, individually and

trading and doing business as Gaymi

Video; and their respective successors

and assigns.

(C) ‘‘Respondents’’ means the

Respondent Korean Video Association

and the Individual Respondents.

(D) ‘‘Commission’’ means the Federal

Trade Commission.

(E) ‘‘Video tapes’’ means pre-recorded

video cassette tapes.

(F) ‘‘Retail video tape rental business’’

means the business of renting prerecorded video cassette tapes for a fee to

retail customers.

II

It is further ordered that Respondents,

directly or indirectly, or through any

corporation, association, or other

device, in connection with the retail,

video tape rental business, in or

affecting commerce, as ‘‘commerce’’ is

defined in the Federal Trade

Commission Act, as amended, forthwith

cease and desist from:

(A) Entering into, attempting to enter

into, organizing, continuing, adhering

to, or maintaining any combination,

conspiracy, contract, agreement,

understanding, plan, or program with

any person in the retail video tape rental

business to construct, fix, stabilize,

raise, maintain, or otherwise interfere or

tamper with the prices charged or other

terms or conditions for retail video tape

rentals;

(B) Recommending or encouraging

any person in the retail video tape rental

business to charge certain prices or set

other terms or conditions for retail video

tape rentals;

(C) For a period of three (3) years after

the date this Order becomes final,

continuing any formal or informal
Federal Register / Vol. 60, No. 69 / Tuesday, April 11, 1995 / Notices 18413

meeting of the Respondent Korean

Video Association or of any Individual

Respondents, after:

1. Any person makes a statement,

addressed to or audible to the body of

the meeting, concerning the prices of

retail video tape rentals and

Respondents fail to declare such

statement to be out of order;

2. Any person makes two such

statements concerning the prices of

retail video tape rentals and

Respondents fail to eject him or her

from the meeting; or

3. Two people make such statements

concerning the prices of retail video

tape rentals.

Provided, however, that without

regard to the obligations of Respondent

Korean Video Association under

Paragraph II. (C), if a person making a

prohibited statement is not ejected, and

such meeting continues, then the

Individual Respondents shall instead

leave such meeting and within thirty

(30) days after such meeting shall report

to the Commission the circumstances of

such meeting, a description of the

prohibited statements and Respondents’

actions in response thereto.

III

It is further ordered that Respondent

Korean Video Association, directly or

indirectly, or through any corporation,

association, or other device, in

connection with the retail video tape

rental business, in or affecting

commerce, as ‘‘commerce’’ is defined in

the Federal Trade Commission Act, as

amended, forthwith cease and desist

from:

(A) Prohibiting, regulating, or

advising against any form of price

competition between or among persons

in the retail video tape rental business;

and

(B) Inviting, coordinating or providing

a forum for any discussion or agreement

between or among persons in the retail

video tape rental business concerning

prices charged for retail video tape

rentals.

IV

It is further ordered that:

(A) Each Individual Respondent shall,

within thirty (30) days after the date this

Order becomes final, prepare and for a

period of sixty (60) days, clearly display

a corrective poster at each Individual

Respondent’s place of business. Each

poster shall be in both English and

Korean, shall be no less than two feet by

two feet in size, and shall have the text

of Appendices A and B, attached to this

Order, enlarged and conspicuously

displayed thereon; and

(B) Respondent Korean Video

Association shall, within thirty (30)

days after the date this Order becomes

final, publish Appendix B to this Order

in the Metropolitan Washington, DC

editions of the Periodicals Korea Times,

Joong Ang Ilbo, and Chosun Ilbo.

V

It is further ordered that:

(A) Respondent Korean Video

Association and the Individual

Respondents shall, within ninety (90)

days after the date this Order becomes

final, file with the Secretary of the

Federal Trade Commission a verified

written report setting forth in detail the

manner and form in which Respondents

have complied and are complying with

this Order. Among such other

information as may be required, the

Individual Respondents’ compliance

reports shall contain a picture of the

corrective poster as displayed and the

dates such poster was displayed;

(B) Respondent Korean Video

Association shall, annually for three (3)

years on the anniversary of the date this

Order becomes final, file with the

Secretary of the Federal Trade

Commission a verified written report

setting forth in detail the manner and

form in which Respondents have

complied and are complying with this

Order; and

(C) Respondent Korean Video

Association and the Individual

Respondents shall, for a period of three

(3) years after the date this Order

becomes final, notify the Federal Trade

Commission at least thirty (30) days

prior to any proposed change in any

Respondent, such as dissolution,

assignment, sale resulting in the

emergency of a successor organization,

or the creation or dissolution of

subsidiaries, or any change in such

Respondent that may affect compliance

obligations arising out of this Order.

VI

It is further ordered that, for the

purpose of determining or securing

compliance with this Order,

Respondents shall permit any duly

authorized representative of the

Commission:

(A) Access, during office hours and in

the presence of counsel, to inspect and

copy all books, ledgers, accounts,

correspondence, memoranda and other

records and documents in the

possession or under the control of a

Respondent relating to any matters

contained in this Order; and

(B) Upon five days’ notice to a

Respondent and without restraint or

interference from it, to interview

officers, directors, or employees of such

Respondent.

VII

It is further ordered that this order

shall terminate twenty (20) years from

the date of issuance.

Appendix A

Annoucement

The Korean Video Stores Association of

Maryland (the ‘‘Korean Video Association’’)

and its individual members (Chang Hyun

Cho, Bong Soo Ha, Yoo Kwan Jun, Dae Young

Kang, Young Hoon Kang, Mi La Kim, Ki Sik

Kim, Suk C. Kim, Ju Young Lee, Kyenong

Hae Lee, Chang Jin Park, Mi Hwa Park,

Young Min Ro, Chae Sul Song, Tae Eung Yu,

and Seung Man Yun) have entered into a

consent agreement with the Federal Trade

Commission (‘‘Commission’’) to settle the

Commission’s charges that the Korean Video

Association and its individual members

named above violated section 5 of the

Federal Trade Commission Act when they

jointly decided to increase prices for retail

video tape rentals in 1993. The U.S.antitrust

laws, including the Sherman Act and the

Federal Trade Commission Act, prohibit

competitors in the same line of business from

jointly setting prices they charge to their

customers.

Pursuant to this consent agreement, the

Commission has issued an Order that

prohibits the Korean Video Association and

its individual members from jointly deciding

prices that they charge to their customers in

the retail video tape rental business. The

Order also prohibits the Korean Video

Association and its individual members from

taking any other actions that may harm price

competition.

The Korean Video Association and its

individual members also understand and

agree to honor that each person in the retail

video tape rental business must unilaterally

and independently determine its own prices.

Korean Video Stores Association of

Maryland

Chang Hyun Cho, Hana Video

Dae Yong Kang, Daenamoo Video

Ki Sik Kim, Video Center

Kyeong Hae Lee, Korean Corner

Young Min Ro, Hanyang Video

Seung Man Yun, Gaymi Video

Bong Soo Ha, Video Town

Yong Hoon Kang, Lotte Gifts Store

Suk C. Kim, Nalee Video

Chang Jin Park, Samsung Video

Chae Sul Song, Lucky Gifts

Yoo Kwan Jun, Harford Video

Mi La Kim, Koryo Video

Ju Young Lee, Young Video

Mi Hwa Park, Sarangbang Video

Tae Eung Yu, Hyundai Video

Appendix B

(Appendix B is the Korean version of

Appendix A and is available from the

Commission’s Public Reference Branch, H–

30, 6th and Pa. Ave., NW, Washington, DC

20580).
18414 Federal Register / Vol. 60, No. 69 / Tuesday, April 11, 1995 / Notices

1Copies of the Complaint and the Decision and

Order are available from the Commission’s Public

Reference Branch, H–130, 6th Street & Pennsylvania

Avenue, NW., Washington, DC 20580.

1Copies of the Complaint and the Decision and

Order are available from the Commission’s Public

Reference Branch, H–130, 6th Street & Pennsylvania

Avenue, NW., Washington, DC. 20580.

Analysis of Proposed Consent Order to

Aid Public Comment

The Federal Trade Commission (‘‘the

Commission’’) has accepted an

agreement to a proposed consent order

from the Korean Video Stores

Association of Maryland, Chang Hyun

Cho, Bong Soo Ha, Yoo Kwan Jun, Dae

Yong Kang, Yong Hoon Kang, Mi La

Kim, Ki Sik Kim, Suk C. Kim, Ju Young

Lee, Kyeong Hae Lee, Chang Jin Park,

Mi Hwa Park, Young Min Ro, Chae Sul

Song, Tae Eung Yu, and Seung Man Yun

(‘‘Respondents’’).

The proposed consent order has been

placed on the public record for sixty

(60) days for reception of comments by

interested persons. Comments received

during this period will become part of

the public record. After sixty (60) days,

the Commission will again review the

agreement and the comments received

and will decide whether it should

withdraw from the agreement or make

final the agreement’s proposed order.

The Commission’s investigation of

this matter concerns the Respondents’

joint retail video tape rental pricing

activity in 1993. The Commission

alleges in its proposed complaint that:

the Respondents agreed to increase the

retail price of Korean language video

tape rentals in the Metropolitan

Washington, D.C. area; and, in

furtherance of the joint price increase

agreement, the Respondents announced

the price increase to the general public

by displaying at each Respondent’s

place of business a poster setting forth

the joint price increase agreement and

signed in the name of the Korean Video

Stores Association of Maryland (‘‘Video

Association’’). The Commission alleges

that the Respondents’ acts and practices

constitute unfair methods of

competition in violation of Section 5 of

the Federal Trade Commission Act.

The order, accepted for public

comment, prohibits the Respondents

from directly or indirectly entering into

a price fixing agreement in the retail

video tape rental business. The order

also prohibits the Respondents from

taking any other actions that may harm

price competition in the retail video

tape rental business. In addition, the

order requires the individual

Respondents to either discontinue or

leave a meeting of the Respondents if a

person or persons make impermissible

statements concerning retail video tape

rental fees.

The order would also prohibit the

Video Association from interfering with

its individual members’ pricing

decisions and from acting as a forum for

discussion or agreement on retail video

tape rental fees. The order further

requires the Respondents to display a

corrective poster at each Respondent’s

place of business, and requires the

Video Association to publish the Korean

text (translated to Korean by

Commission staff from the English

version approved by the Commission) of

the corrective poster in three major local

Korean language daily newspapers.

Under the order, the Respondents are

required to file written compliance

reports with the Commission. The order

terminates automatically twenty years

from the date of issuance.

The purpose of this analysis is to

facilitate public comment on the

proposed order, and it is not intended

to constitute an official interpretation of

the agreement and proposed order or to

modify in any way their terms.

Donald S. Clark,

Secretary.

[FR Doc. 95–8861 Filed 4–10–95; 8:45 am]

BILLING CODE 6750–01–M

[Dkt. C–3562]

Louis Bass, Inc.; Prohibited Trade

Practices, and Affirmative Corrective

Actions

AGENCY: Federal Trade Commission.

ACTION: Consent order.

SUMMARY: In settlement of alleged

violations of federal law prohibiting

unfair acts and practices and unfair

methods of competition, this consent

order prohibits, among other things, a

Wisconsin corporation, doing business

as Crestwood Company, from making

false or unsubstantiated performance

claims about any communication aid it

offers in the future, and from making

representations concerning the efficacy

of the communication devices in

enabling individuals with disabilities to

communicate through facilitated

communication, unless the respondent

possesses competent and reliable

scientific evidence to substantiate the

representation.

DATES: Complaint and Order issued

March 13, 1995.1

FOR FURTHER INFORMATION CONTACT:

Jeffrey Klurfeld or Kerry O’Brien, San

Francisco Regional Office, Federal

Trade Commission, 901 Market St.,

Suite 570, San Francisco, CA. 94103.

(415) 744–7920.

SUPPLEMENTARY INFORMATION: On

Wednesday, January 4, 1995, there was

published in the Federal Register, 60 FR

467, a proposed consent agreement with

analysis In the Matter of Louis Bass,

Inc., 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.

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. Interprets

or applies sec. 5, 38 Stat. 719, as amended;

15 U.S.C. 45, 52)

Donald S. Clark,

Secretary.

[FR Doc. 95–8862 Filed 4–10–95; 8:45 am]

BILLING CODE 6750–01–M

[Dkt. C–3564]

Wright Medical Technology, Inc., et al.;

Prohibited Trade Practices, and

Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Consent Order.

SUMMARY: In 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

Tennessee-based research and

development corporation to transfer to

the Mayo Foundation, the licensor of

the implant technology to Orthomet,

Inc., a complete copy of all assets

relating to Orthomet’s business of

researching and developing orthopaedic

implants for use in human hands, and

also requires Wright Medical

Technology to obtain Commission

approval before acquiring any interest in

any firm that has received, or has

applied for, Food and Drug

Administration approval to market

orthopaedic hand implants in the

United States.

DATES: Complaint and Order issued

March 23, 1995.1

FOR FURTHER INFORMATION CONTACT:

Richard B. Dagen, FTC/S–2627,

Washington, DC. 20580. (202) 326–2628.

SUPPLEMENTARY INFORMATION: On

Wednesday, January 4, 1995, there was

published in the Federal Register, 60 FR

460, a proposed consent agreement with

analysis In the Matter of Wright Medical

Technology, Inc., et al, for the purpose