Service Corporation International; Proposed Consent Agreement With Analysis to Aid Public Comment

Zusammenfassung

In settlement of alleged violations of federal law prohibiting unfair acts and practices and unfair methods of competition, this consent agreement, accepted subject to final Commission approval, would permit Service Corporation International (SCI), the largest owner of funeral homes in North America, to acquire Gilbraltar Mausoleum Corporation and would require SCI, among other things, to divest, within 12 months, a number of properties, including assets in Amarillo, Texas, and Brevard and Lee Counties, Florida, to restore competition. In addition, the consent agreement would require SCI, for 10 years, to notify the Commission before acquiring certain similar assets in any of these markets.