H-S Enterprises, Incorporated

Text (OCR of the scan at left; may contain errors)

In ror Marrer or H-S ENTERPRISES, INCORPORATED, ET AL.

CONSENT ORDER, ETC., IN REGARD TO THE ALLEGED VIOLATION OF TIE FEDERAL TRADE COMMISSION ACT Docket C-2107. Complaint, Nov, 26, 1971—Decision, Nov. 26, 1971 Consent. order requiring a Lincoln, Rhode Island, marketer of “Stripper SX” or “Safety Strip,” a paint and resin disintegrator, to cease nisrepresenting NO5 Decision and Order right of participation in the earnings of any domestic concern, corporate or non-corporate, which is engaged in the manufacture or sale of manually powered paint applicators or engaged in the manufacture or sale of raw materials to companies engaging in the manufacture or sale of manually powered paint applicators, or from entering into any arrangements or understanding with such a»concern through which respondent EZ becomes possessed of that concern’s market share. For the purposes of this order, manually powered paint applicators are defined as: paint and varnish brushes; paint rollers including pans, covers, handles, and other accessories sold separately, or as part of a paint roller kit; and miscellaneous paint. applicators other than spray equipment and aecroso] cans.

VIII It is further ordered, That respondent EZ shall within sixty (60) days after date of service of this order, and every sixty (60) days thereafter until respondent EZ has fully complied with the provisions of this order, submit in writing to the Federal Trade Commission a verified report setting forth in detail the manner and form in which respondent EZ intends to comply or has complied with this order. All compliance reports shall include, among other things that are from time to time required, a summary of contracts or negotiations with anyone for the specified stock, assets and plant, the identity of all such persons, and copies of all written communications to and from such persons.

IX It is further ordered, That respondent EZ notify the Commission at least thirty (80) days prior to any proposed change in the corporate respondent: such as dissolution, assignment or sale resulting in the emergence of a successor corporation, the creation or dissolution of subsidiaries or any change in the corporation which may affect. compliance obligations arising out of the order.