Commissioner and Commission Staff Public Statements and Letters

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Policy Statement On Monetary Equitable Remedies -- Including in Particular Disgorgement and Restitution -- In Federal Trade Commission Competition Cases Addressing Violations of the FTC Act, the Clayton Act, or the Hart-Scott-Rodino Act

Date:

[Billing Code: 6750-01]

Policy Statement on Monetary Equitable Remedies in Competition Cases

AGENCY: Federal Trade Commission (FTC).

ACTION: Notice.

SUMMARY: The Commission has issued a policy statement on the use of disgorgement as a remedy for violations of the Hart-Scott-Rodino (HSR) Act, FTC Act and Clayton Act.

DATE: The Commission approved this policy statement on July 25, 2003.

Statement of Chairman Robert Pitofsky and Commissioners Sheila F. Anthony, Mozelle W. Thompson, Orson Swindle, and Thomas B. Leary - In the Matter of Time Warner Inc.; Sony Music Entertainment Inc.; Capitol Records, Inc., d.b.a. "EMI Music Distribution";

Date:
Matter Number:

971 0070

Docket Number:

C-3971

C-3972

C-3973

C-3974

C-3975

Statement of Chairman Robert Pitofsky and Commissioners Sheila F. Anthony, Mozelle W. Thompson, Orson Swindle, and Thomas B. Leary

In the Matter of Sony Music Entertainment, Inc.; In the Matter of Time Warner, Inc.; In the Matter of BMG Music, d.b.a. "BMG Entertainment"; In the Matter of Universal Music & Video Distribution Corp. and UMG Recordings, Inc.; and In the Matter of Capitol Records, Inc., d.b.a. "EMI Music Distribution" et al.

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