Alvey Holdings, Inc., et al.; Prohibited Trade Practices, and Affirmative Correction Actions

FEDERAL TRADE COMMISSION

[Docket No. C-3488]

Alvey Holdings, Inc., et al.; Prohibited Trade Practices, and

Affirmative Correction Actions

AGENCY: Federal Trade Commission.

ACTION: Consent order.

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SUMMARY: In settlement of alleged violations of federal law prohibiting

unfair acts and practices and unfair methods of competition, this

consent order requires, among other things, a Missouri-based

corporation and its wholly-owned subsidiary to divest, to a Commission-

approved buyer, its own horizontal carousel business within six months

of acquiring White Storage & Retrieval Systems, Inc., otherwise, a

Commission-appointed trustee will complete the divestiture. In

addition, the respondents are required to comply with all the terms of

a Hold Separate Agreement, and are prohibited, for a period of ten

years, from acquiring, without prior Commission approval, any interest

in any entity engaged in the manufacture or sale of horizontal

carousels in the United States within the previous two years..

DATES: Complaint and Order issued March 30, 1994.\1\

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\1\Copies of the Complaint and the Decision and Order are

available from the Commission's Public Reference Branch, H-130, 6th

Street & Pennsylvania Avenue, NW., Washington, DC 20580.

FOR FURTHER INFORMATION CONTACT: Howard Morse, FTC/S-3627, Washington,

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DC 20580, (202) 326-2949.

SUPPLEMENTARY INFORMATION: On Thursday, December 16, 1993, there was

published in the Federal Register, 58 FR 65712, a proposed consent

agreement with analysis In the Matter of Alvey Holdings, Inc., et al.,

for the purpose of soliciting public comment. Interested parties were

given sixty (60) days in which to submit comments, suggestions or

objections regarding the proposed form of the order.

No comments having been received, the Commission has ordered the

issuance of the complaint in the form contemplated by the agreement,

made its jurisdictional findings and entered an order to divest, as set

forth in the proposed consent agreement, in disposition of this

proceeding.

(Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interpret or apply sec. 5, 38

Stat. 719, as amended; sec. 7, 38 Stat. 731, as amended; 15 U.S.C.

48, 18)

Donald S. Clark,

Secretary.

[FR Doc. 94-9626 Filed 4-20-94; 8:45 am]

BILLING CODE 6750-01-M