In the following matter, the Commission has approved the appointment of a monitor trustee: Dow Chemical Company and Union Carbide Corporation. The proposed order in this matter requires among other things that Dow divest to identified up-front buyers its ethyleneamines, ethanolamines and methyldiethanolamine ("MDEA")-based gas treating products businesses. Under the terms of the proposed order, the Commission may appoint a monitor trustee to oversee the respondents' obligations under the order, including the maintenance of the assets to be divested and the ongoing provision of services to the divested businesses. Through this action, the Commission has approved the appointment of Richard M. Klein as the monitor trustee in this matter. Klein, who has a PhD in Inorganic Chemistry, has almost 30 years experience managing global chemical businesses. He is currently the Chairman of the Board of Governors at the Synthetic Organic Chemicals Manufacturers Association. The Commission vote to approve the appointment was 5-0. (FTC File No. 991-0301; staff contact is Roberta Baruch, 202-326-2861; see press release dated February 5, 2001.)
Consent agreements given final approval:
Following a public comment period, the Commission has made final a consent order regarding the following: Winn-Dixie Stores, Inc. The Commission vote to finalize the consent agreement was 5-0. (FTC File No. 001-0022; staff contact is James A. Fishkin, Bureau of Competition, 202-326-2663; see press release dated January 9, 2001.)
Following a public comment period, the Commission has made final a consent order regarding the following: Black & Decker Corporation and Kwikset Corporation. The Commission vote to finalize the consent agreement was 5-0. (FTC File No. 002-3194; staff contact is Laura D. Koss, Bureau of Consumer Protection, 202-326-2890; see press release dated December 28, 2000.)
Copies of the documents mentioned in this release 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 Avenue, N.W., Washington, D.C. 20580. The FTC works for the consumer to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. To file a complaint, or to get free information on any of 150 consumer topics, call toll-free, 1-877-FTC-HELP (1-877-382-4357), or use the complaint form. The FTC enters Internet, telemarketing and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies worldwide.