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Commission Approval of Divestiture Agreements

FTC · final-rule · Published 2011-10-14 · Effective 2011-11-14 · 76 FR 63833

Document

Document number
2011-26463
Federal Register citation
76 FR 63833
CFR reference
16 CFR 2
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Federal Trade Commission
Publication date
2011-10-14
Effective date
2011-11-14

Abstract

This final rule clarifies the process whereby the FTC will consider for approval a modification to a divestiture agreement, which agreement the Commission has either previously approved or incorporated by reference into a final order. As described fully below, the final rule delegates to certain senior staff at the Commission the authority, following notice to the Commissioners, to waive formal application to the Commission for approval of certain modifications, and to waive the otherwise required period for public comment; the delegation will streamline the process for approval of ministerial and other minor contract modifications that will not diminish the Commission's order.

Source

Authoritative
Federal Register document
Machine
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