The Federal Trade Commission today announced the following action. The FTC staff contact is Dan Ducore, 202-326-2526.
Applications for prior approval of transactions: The FTC has received an application for prior approval of a divestiture from the following. The application will be subject to public comment for 30 days, until Aug. 8.
- Schwegmann Giant Super Markets, Inc., of New Orleans, Louisiana, has applied for FTC approval to divest the That Stanley! supermarket located at 315 Judge Perez, in Chalmette, Louisiana, to Stephen C. Fecke, of Lafayette Parish, Louisiana. Fecke plans to operate the store as a full-service supermarket under the IGA trade name. The divestiture is one of seven required under a 1995 consent order designed to restore supermarket competition allegedly injured when Schwegmann acquired the New Orleans supermarkets formerly owned by National Holdings, Inc. from Schnuck Markets, Inc. Applications for five of the other seven divestitures are pending at the FTC. (See March 8, 1995 news release for more details regarding the consent order; Docket No. C-3584).
Comments on the application should be addressed to the FTC, Office of the Secretary, 6th Street and Pennsylvania Avenue, N.W., Washington, D.C. 20580. Copies of the documents referenced above are available from the FTC’s Public Reference Branch, Room 130, at the same address; 202-326-2222; TTY for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710. FTC news releases and other materials also are available on the Internet at the FTC’s World Wide Web site at: http://www.ftc.gov