Great Lakes Chemical Corporation

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

IN THE MATTER OF GREAT LAKES CHEMICAL CORPORATION, ET AL.

DISMISSAL ORDER ETC. IN REGARD TO ALLEGED VIOLATION OF SEC. 5 OF THE FEDERAL TRADE COMMISSION ACT AND SEC. 7 OF THE CLAYTON ACT Docket 9155. Complaint. June 1981-Decision and Order May, 1984. The Federal Trade Commission has dismissed the proceedings against Northwest In dustries, Inc. and Velsicol Chemical Corp. Appearances For the Commission: John V. Lacci.

For the respondent: William Fifield, Christian L. Campbell, Sidley & Austin Chicago, Ill. and William G. Schaefer, Jr., Sidley Austin Washington, D.C. for Northwest, Industries, Inc. and Velsicol Chemical Corporation.

DECISION AND ORDER The Commission having heretofore issued its complaint charging respondents, Great Lakes Chemical Corporation, Northwest Industries, Inc., and Velsicol Chemical Corporation, with violation of Section 7 of the Clayton Act, as amended, and Section 5 of the Federal Trade Commission Act, as amended, and the respondents having been served with a copy of that complaint, together with a notice of con templated relief; and Respondents Northwest Industries, Inc. and Velsicol Chemical Corporation ("respondents ), their attorneys, and counsel for the Commission having thereafter executed an agreement containing a consent order, an admission by respondents of all the jurisdictional facts set forth in the complaint, a statement that the signing of said agreements is for settlement purposes only and does not constitute an admission by respondents that the law has been violated as alleged in such complaint, and waivers and other provisions as required by the Commission s Rules; and The Secretary of'he Commission having thereafter withdrawn this matter from adjudication in accordance with Section 3.25(c) of its Rules; and The Commission having considered the matter and having thereupon accepted the executed consent agreement and placed such . Complaint previously published at 103 F- c. 167. 498 Decision and Order agreement on the public record for a period of sixty (60) days, and having duly considered the comments fied thereafter by interested persons pursuant to Section 3.25 ofits Rules, now in further conformity with the procedure prescribed in Section 25(0 of its Rules, the Commission hereby makes the following jurisdictional findings and enters the following order:

1. Respondent Northwest Industries, Inc. is a corporation organized, existing and doing business under and by virtue of the laws of the State of Delaware, with its offce and principal place of business located at 6300 Sears Tower, in the City of Chicago, State of Ilinois. 2. Respondent Velsicol Chemical Corporation is a corporation organized, existing and doing business under and by virtue of the laws of the State of Delaware, with its offce and principal place of business located at 341 East Ohio Street, in the City of Chicago, State of Ilinois. 3. The Federal Trade Commission has jurisdiction of the subject matter of this proceeding and ofthe respondents, and the proceeding is in the public interest.

ORDER It is ordered That all proceedings in Docket No. 9155 against Northwest Industries, Inc. and Velsicol Chemical Corporation shall be dismissed.

Interlocutory Order 103 F.