Raynard Watch Company
Volume 77 · 77 F.T.C. 1430
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Raynard Watch Company, 77 F.T.C. 1430 (1970). Consumer Law Library, https://consumerlawlibrary.org/decisions/v077-0185
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In roe Marrer or MURRAY GLICK porne Business As RAYNARD WATCH COMPANY CONSENT ORDER, ETC., IN REGARD TO THE ALLEGED VIOLATION or THE FEPERAL TRADE COMMISSION ACT Docket C-1811. Complaint, Oct. 21, 1970—Decision, Oct. 21, 1970 Consent order requiring a New York City individual engaged in the watch repair business to cease misrepresenting that his repair work is fully guaranteed, that his charge includes insurance, making charges higher than the amounts specified in the guarantee, and placing in the hands of others means to deceive the consuming public, 1430 FEDERAL TRADE COMMISSION DECISIONS “! Final Order U7 ETC.
concrete products within respondent’s present or future marketing -area for portland cement.or which purchased in excess of 10,000 barrels- of portland.cement in any of the five (8) years: preceding the merger.
. Lt is further ordered, That the complaint be, and-the same hereby is, dismissed as to respondent Oklahoma Land and Cattle Company. lt-is further ordered, That the hearmg examiner’s initial decision, as modified, be, and it hereby is, adopted:as the decision. of the ‘Commission:
lt is further ordered, That respondent OKC Corp. shall, within sixty (60) days from the date of service of this order and every sixty (60) days thereafter until divestiture i is fully effected, submit to the Commission a detailed written report of its actions, plans, and ‘progress in complying with the divestiture provisions of this order, and fulfilling its objectives. All reports shall include, among other things that will be from time to time required, a summary of all contracts and negotiations with potential purchasers of the stock, assets, properties, rights or privileges to be divested under this order, the identity of all such potential purchasers, and copy of all written communications from and to such potential purchasers. Lt is further ordered, That respondent shall notify the Commission at least thirty (380) days prior to any proposed change which may affect compliance obligations arising out of this order, such as dis- -solution, assignment or sale resulting mm the emergence of a corporate successor, and that this order shall be binding on any such successor. Commissioner MacIntyre did not participate. Commissioner Den- ‘nison did not participate for the reason oral argument was. heard prior to his taking oath as Commissioner. ms