The Federal Trade Commission today announced the following action.

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 Sept. 26.

• Schwegmann Giant Super Markets, Inc., of New Orleans, Louisiana, has applied for FTC approval to divest the Canal Villere supermarket at 5245 Veterans Memorial Highway in Metairie, Louisiana, to Rouse’s Enterprises, Inc., of Thibodaux, Louisiana. Schwegmann withdrew an earlier application to divest the store to Economical Super Markets, Inc. Divestiture of this and six other stores is required under a 1995 consent order designed to restore competition allegedly injured when Schwegmann acquired the New Orleans supermarkets formerly owned by National Holdings, Inc. from Schnuck Markets, Inc. (See March 8, 1995 news release for more details regarding the consent order; Docket No. C-3584). FTC staff contact is Roberta Baruch, 202-326-2861.

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

Media Contact:

Office of Public Affairs
202-326-2180