FOR RELEASE: FEBRUARY 29, 1996 FTC Settlement Over Saint-Gobain Acquisition of Carborundum to Remedy Lessening of Competition in Three Markets
The Federal Trade Commission has negotiated a settlement with the French firm, Compagnie de Saint-Gobain, and its U.S. subsidiary, Saint-Gobain/Norton Industrial Ceramics Corporation, of Worcester, Massachusetts, to resolve charges that the firm's acquisition of The Carborundum Company from the British Petroleum Company likely would lead to monopolies or near-monopolies, and thus raise prices, for three products used in industrial furnaces and home appliances.
February 23, 1996
FOR RELEASE: FEBRUARY 23, 1996 Announced Actions for February 23, 1996
Commission action regarding petitions: Following public comment periods, the FTC has ruled on petitions from the following entities.
February 22, 1996
FOR RELEASE: FEBRUARY 22, 1996 AMOCO to Settle FTC Charges Over "Crystal Clear" Ad Campaign
Amoco Oil Company has agreed to settle Federal Trade Commission charges that its "Crystal Clear Amoco Ultimate" advertising campaign included unsubstantiated claims that Amoco premium gasoline, because it is refined more than competitors' brands and is clear in color, delivers superior engine performance and environmental benefits.
For Your Information: FEBRUARY 22, 1996 FTC Today Proposed Amending its Appliance Labeling Rule.
The Federal Trade Commission today proposed amending its Appliance Labeling Rule to allow appliance manufacturers to place energy use labels required by the Canadian and Mexican governments directly adjoining the Commission's required EnergyGuide label.
FOR RELEASE: FEBRUARY 16, 1996 Announced Actions for February 16, 1996 Consent order given final approval: Following a public comment period, the Commission has determined to issue a consent order against the following company as final, thus making the consent order’s provisions binding on the respondent.
FOR RELEASE: FEBRUARY 15, 1996 Soft Drink Dispensing Machines Franchisor to Pay $100,000 to Settle FTC Charges
Fresh-O-Matic Corporation, a St. Charles, Missouri-based company that markets soft-drink vending machines business opportunities at franchise trade shows nationwide, has agreed to pay $100,000 to settle Federal Trade Commission charges that it failed to provide key information to potential purchasers of its business opportunities.
FOR RELEASE: FEBRUARY 14, 1996 $100,000 Civil Penalty Against Mail Order Seller Reminds Mailers to Monitor Fulfillment Houses
The Federal Trade Commission has obtained an agreement from American Direct Marketing, Inc. and its president to pay a $100,000 civil penalty as part of a settlement of allegations that they shipped consumer-ordered products late and failed to properly notify consumers of their option to delay or cancel late orders, in violation of the FTC's Mail/Telephone Order Rule. In many instances, the FTC alleged, the refund checks the defendants sent pursuant to the rule bounced.
February 13, 1996
For Your Information: FEBRUARY 13, 1996 Announced Actions for February 13, 1996
Consent orders given final approval: Following public comment periods, the Commission has determined to issue consent orders against the following entities as final, thus making the consent orders' provisions binding on the companies.
FOR RELEASE: FEBRUARY 13, 1996 Growth in International Franchise Sales to be Topic at FTC Workshop
The growth in international franchise transactions, in part due to the explosion of ads for American franchise systems on the Internet, will be the topic of a Federal Trade Commission workshop in Room 332 of the FTC's headquarters building, 6th Street and Pennsylvania Avenue N.W., in Washington, D.C. on March 11, 1996.
FOR RELEASE: FEBRUARY 13, 1996 Ann I. Jones to Head FTC's Los Angeles Regional Office
Ann I. Jones has been named Regional Director of the Federal Trade Commission's Los Angeles Regional Office, FTC Chairman Robert Pitofsky announced today. Her appointment is effective immediately.
For Your Information: FEBRUARY 9, 1996 Announced Actions for February 9, 1996
Commission action regarding petitions to reopen and modify or set aside orders: Following a public comment period, the Commission has responded to a petition from the following entity:
FOR RELEASE: FEBRUARY 9, 1996 FTC Wins $31 Million Judgment in "Wolf" Vending Machine Case
The Federal Trade Commission has won a $31 million federal district court judgment against Florida-resident Marvin Wolf and 33 other individual and corporate defendants allegedly involved in a huge scheme to sell vending machine business opportunities by using a host of deceptive claims and practices.
FOR RELEASE: FEBRUARY 8, 1996 FTC Appoints Trustee to Divest Revco Pharmacy Assets in Marion and Covington, Virginia
The divestitures are required under a 1994 consent order Revco signed to settle FTC charges that its acquisition of the Hook-SupeRx drug-store chain could raise prices and reduce service for prescription drugs sold in retail stores in these two towns, as well as in Radford, Virginia. (Revco divested two Radford drug stores in compliance with the order in March 1995.)
FOR RELEASE: FEBRUARY 6, 1996 Announced Actions for February 6, 1996 Commission action regarding applications: Following a public comment period, the Commission has responded to an application from the following entity:
February 2, 1996
For Your Information: FEBRUARY 2, 1996 FTC Recinds Hosiery Guides
The Federal Trade Commission has rescinded its Hosiery Guides, which had provided guidance to industry with regard to the marketing and labeling of stockings, socks and other hosiery products, after concluding that there is no longer a need for special guidance for this industry.
For Your Information: FEBRUARY 2, 1996 Annouced Actions for February 2, 1996 Commission action regarding petitions to reopen and modify or set aside orders: Following public comment periods, the Commission has responded to petitions from the following entities.