For Your Information: September 23, 1997
The Federal Trade Commission today announced the following action.
Applications for approval of transactions: The FTC has shortened the comment period from 30 days to 15 days on an application for approval of a transaction from the following. The shortened public comment period will end at close of business on Wednesday, Sept. 24, 1997.
- Schwegmann Giant Super Markets, Inc., of New Orleans, Louisiana, has applied for FTC approval to divest the "That Stanley" supermarket at 4223 Chef Menteur Highway in New Orleans to J. Edward Lamb & Co., owned by Edward and Beverly Lamb of Metairie, Louisiana. The Lambs will operate the supermarket under the "Community Supermarket" name. 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. The other six divestitures have been completed. (The Commission vote to shorten the comment period was 4-0. 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 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
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