Commission withdrawal of consent agreement and closure of the investigation:
- In the matter of Howard M. Meyers, the Commission has voted to withdraw a previously accepted consent agreement and close the investigation.
- On May 14, 1999 the Commission accepted a proposed consent agreement with Quexco Incorporated, a company whose parent entity is Howard M. Meyers. The consent agreement related to the proposed acquisition by Quexco of Pacific Dunlop GNB Corporation, which is owned by Pacific Dunlop Limited. Both companies are involved in the secondary smelting of lead. On July 14, 1999 Meyers and Pacific Dunlop decided to abandon the sale of GNB to Quexco and withdrew its Hart-Scott-Rodino filing with respect to this acquisition, eliminating the need to the relief contained in the consent agreement. The Commission vote to withdraw the consent agreement and close the investigation was 4-0; (FTC File No. 981-0327; see related press release dated May 14, 1999; press contact is Claudia Bourne Farrell, 202-326-2181; staff contact is Philip Eisenstat, 202-326-2769).
- The Commission has voted to file a revised complaint and consent decree in the matter of: National Media Corporation.
- Under the revised complaint and decree, the FTC identified National Media Corp. as a defendant in this matter, as opposed to e4L. In February 1999, National Media Corp. changed its name to e4L. However, while the conduct related to this complaint allegedly occurred prior to the name change, the company remains subject to the consent decree executed by National Media and the FTC. The Commission vote to file the revised complaint and consent decree was 4-0; (Civil Action No. CV99-8614-NM (AJWx); see related press release dated April 14, 1999; press contact is Claudia Bourne Farrell, 202-326-2181; staff contact is Robert Frisby, 202-326-2098).
- In the case of FTC & Wisconsin v. First Impressions, Inc., doing business as Air-Land-Sea Reservations, Inc., the Commission voted to dismiss Lloyd Ray McDade as an individual defendant by amending the original complaint.
- The Commission vote to amend the complaint was 4-0 (FTC File No. S046438-42; see news release dated August 3, 1999; staff contact is Steven Baker, 312-960-5634; media contact is Mitchell J. Katz, 202-326-2161).
Vote to set aside compliance commitment:
- The Commission has granted Amway Corporation's request to set aside a 1986 compliance commitment. The compliance commitment specified how Amway will comply with a 1979 Cease and Desist Order issued by the Commission. The Commission set aside the compliance agreement in light of changes in Amway's business structure, including expansion to Internet sales. The Commission noted, however, that Amway will continue to be subject to the 1979 Cease and Desist Order.
- The Commission vote to set aside the compliance commitment was 4-0 (FTC Docket No. D.9023; see news release dated May 19, 1986; staff contacts are Connie Wagner and Laura J. DeMartino, Division of Enforcement, Bureau of Consumer Protection; 202-326-3309 or 202-326-3030; media contact is Mitchell J. Katz, 202-326-2161).
Copies of the documents mentioned in this FYI are available from the FTC's web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 600 Pennsylvania Ave., N.W., Washington, D.C. 20580; 877-FTC Help (877-382-4357); TDD 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.