Taylor-Fried Sam Co., Inc.

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

IN THE MATTER OF TAYLOR-FRIED SAM CO. , INC. ET AL. ORDER, OPINIONS, ETC., IN REGARD TO THE ALLEGED VIOLATION OF THE FEDERAL TRADE COMMISSION AND THE TEXTILE FIBER PRODUCTS IDENTIFICATION ACTS Docket 8658. Complaint, March 1965 Decision, March 1966 Order requiring a New York City wholesale distributor of domestic and imported ribbons, to cease misbranding any textile fiber ribbon and furnishing false guaranties that such textie fiber products were not misbranded or misrepresented.

COMPLAINT Pursuant to the provisions of the Federal Trade Commission Act and the Textile Fiber Products Identification Act, and by virtue of the authority vested in it by said Acts, the Federal Trade Commission, having reason to believe that Taylor- Friedsam Co. Inc., a corporation, and Dorothy Nitsch, individually and as an offcer of said corporation, hereinafter referred to as respondents have violated the provisions of said Acts and the Rules and Regulations promulgated under the Textile Fiber Products Identification Act, and it appearing to the Commission that a proceed- TAYLOR-FRIEDSAM CO., INC., ET AL. 483 482 Complaint and personnel in such a way as to execute (that) policy effciently and economically (Moog Industries, Inc. v. Fedeml Tmde Commission 355 U. S. 411, 413 (1958)), has determined that it would not be in the public interest to proceed further in this matter. The complaint wil be dismissed. Continuing surveilance wil be maintained, however, of future developments in this industry. Any future acquisitions by respondent wil receive careful attention, and the Commission wil take such action thereon as may be required in t)le public interest.

Commissioner MacIntyre did not participate. ORDER DISMISSING COMPLAINT For the reasons set forth in the accompanying opinion It is 01'dered That the complaint herein be, and it hereby is, dismissed. Commissioner MacIntyre not participating.