For Your Information: January 26, 1996
The Federal Trade Commission today announced the following actions:
Petitions to reopen and modify or set aside orders: The FTC has received or ruled on petitions from the following entities seeking changes in, or termination of, FTC orders against them. Newly-received petitions are subject to public comment for 30 days, until Feb. 26, after which the Commissin will rule on the request. Unless otherwise noted, the staff contact is Dan Ducore, 202-326-2526.
- T&N plc, a United Kingdom corporation, seeks modification of a 1990 order that settled FTC charges in connection with T&N's acquisition of J.P. Industries, Inc., of Ann Arbor, Michigan. The requested modification would end T&N's obligation to obtain prior FTC approval for acquisitions of engine bearings manufacturers in the United States. See Aug. 17, 1990 news release regarding the 1990 order (Docket No. C-3312).
Applications for prior approval of transactions: Comments on newly-received applications will be accepted for 30 days, until Feb. 26, after which the Commission will rule on them. Unless otherwise noted, the staff contact is Dan Ducore, 202-326-2526.
- Service Corporation International (SCI), of Houston, Texas, has requested FTC approval to divest seven funeral homes -- three in Amarillo, Texas; two in Titusville, Florida; and two in Cape Coral, Florida -- to CFS Funeral Services, Inc., also of Houston. The divestitures are required under a 1995 proposed consent order, and are designed to restore competition for funerals and related services that allegedly was reduced when SCI acquired Gibraltar Mausoleum Corporation. See Oct. 11, 1995 news release regarding the proposed consent order (File No. 951 0108).
- Tele-Communications, Inc. (TCI), of Englewood, Colorado, has requested FTC approval to divest TCI?s cable TV system in Columbus, Georgia, to Charter Communications Properties, Inc., which is a subsidiary of the St. Louis, Missouri-based Charter Communications, Inc. The divestiture is required under a 1995 consent order, and is designed to restore competition for cable TV service that allegedly was reduced when TCI acquired TeleCable Corporation, of Norfolk, Virginia. See Jan. 26, 1995 news release regarding the consent order (Docket No. C-3575).
Comments from the public regarding the petitions and applications should be sent 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, same address as above; 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