[Federal Register Volume 61, Number 119 (Wednesday, June 19, 1996)] [Notices] [Pages 31120-31121] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 96-15495] ----------------------------------------------------------------------- FEDERAL TRADE COMMISSION [Docket No. C-3638] The Upjohn Company, et al.; Prohibited Trade Practices, and Affirmative Corrective Actions
Agency
Federal Trade Commission.
Action
Consent order.
-----------------------------------------------------------------------
Summary
In settlement of alleged violations of federal law prohibiting unfair or deceptive acts or practices and unfair methods of competition, this consent order requires, among other things, the respondents to divest, within 12 months, Pharmacia Aktiebolag's 9-AC assets, an inhibitor drug for the treatment of colorectal cancer, to a Commission-approved acquirer. If the transaction is not completed in the prescribed time, the Commission will be allowed to appoint a trustee.
Dates
Complaint and Order issued February 8, 1996.\2\
\2\ Copies of the Complaint and the Decision and Order are available from the Commission's Public Reference Branch, H-130, 6th Street & Pennsylvania Avenue, N.W., Washington, D.C. 20580.
For Further Information Contact
Ann Malester, FTC/S-2308, Washington, D.C. 20580. (202) 326-2682.
Supplementary Information
On Tuesday, November 7, 1995, there was published in the Federal Register, 60 FR 56153, a proposed consent agreement with analysis In the Matter of The Upjohn Company, 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. 45, 18) Donald S. Clark, Secretary. [FR Doc. 96-15495 Filed 6-18-96; 8:45 am] BILLING CODE 6750-01-M