Applications for approval of transactions: The FTC has received an application for approval for a transaction from the following. The FTC is seeking public comments on the application for 30 days, until April 28.
- Mahle GMBH of Stuttgart, Germany, has applied for FTC approval to divest Metal Leve, Inc. and certain assets of Metal Leve S.A. to T&N Industries Inc., a Delaware Corporation. Divestiture is required under a February 1997 consent order settling charges that Mahle’s acquisition of Metal Leve, S.A. and Metal Leve, Inc. violated antitrust laws by substantially reducing competition in the markets for articulated, large-bore pistons used in diesel engines. (See Feb. 27, 1997 news release for more details regarding this case; FTC File No. 961 0085.) Staff contact is Elizabeth Piotrowski, 202-326-2623.
Consent agreements given final approval: Following a public comment period, the Commission has made final consent agreements with the following entities. The Commission action makes the consent order binding on the respondent.
- The consent agreement with Baxter International, of Deerfield, Illinois, settling charges that its acquisition of Immuno International AG violated federal antitrust laws by substantially reducing competition in the research, development, manufacture and sale of a variety of biologic products derived from human blood plasma, including products used in the treatment of Factor VIII inhibitors in hemophilia and fibrin sealant, a product in development that will be used to control bleeding in surgical procedures. The consent order requires that Baxter divest its Autoplex product assets -- Factor VIII inhibitors treatment -- to a Commission-approved purchaser, and license Immuno’s fibrin sealant to a Commission-approved licensee. (See Dec. 19, 1996 news release for more details about his case; Docket No. C-3726) Commission vote to issue the consent order as final and binding was 4-0, with Commissioner Roscoe B. Starek III, recused.) Staff contact is William Baer or George Cary, 202-326-2932 or 202-326-3741.
- The consent agreement with Jeannette L. Douglass of Sheridan, Indiana, settling charges that potential earnings and profit claims made by Computer Business Services, Inc., were false and misleading. The consent order bars misrepresentations of the success rates or profitability of its clients, bars misleading testimonials, requires certain disclosures to investors. (See Dec. 12, 1996 news release for further details about this case; Docket No. C- 3727. Commission vote to issue the consent order as final and binding was 5-0.) Staff contact is C. Steven Baker or Catherine R. Fuller, 312-353-8156 or 312-353-5576.
Comments on the Mahle 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