Schwegmann Giant Super Markets, Inc.; Prohibited Trade Practices, and Affirmative Corrective Actions

Résumé

In settlement of alleged violations of federal law prohibiting unfair acts and practices and unfair methods of competition--in connection with Schwegmann's proposed acquisition of supermarkets owned by National Holdings, Inc.--this consent order requires among other things, the Louisiana-based corporation to divest, within twelve months, seven stores in the New Orleans area to Commission-approved purchasers, and requires the respondent, for ten years, to obtain Commission approval before acquiring an interest in a supermarket, or another entity that operates a supermarket, in the relevant area.