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United Fruit Company

Volume 82 · 82 F.T.C. 53

Citation
82 F.T.C. 53
Docket
8795
Complaint
1969-07-28
Decision
1973-01-12
Document type
final order
Case type
antitrust
Industry
banana importing and jobbing
Outcome
cease and desist
Relief
divestiture; cease_and_desist; recordkeeping; compliance_reporting
Order term (years)
10
Source
Original volume PDF
Original PDF
This decision as a PDF

price discriminationmerger acquisition

Cite this decision

United Fruit Company, 82 F.T.C. 53 (1973). Consumer Law Library, https://consumerlawlibrary.org/decisions/v082-0011

Report an error in this record (decision id v082-0011)

Order status: presumptively_terminable_pre_1995. Sunset may be extended by the latest qualifying federal-court complaint alleging an order violation; complaints, dismissal/appeal outcomes, and respondent-specific extensions are not fully tracked.

Cited by 0 later FTC decisions

Cites

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

IN THE MATTER OF UNITED FRUIT COMPANY, ET AL.* ORDER, ETC., IN REGARD TO THE ALLEGED VIOLATION OF THE CLAYTON ACT, SECS. 2(a), 2(f), AND 7 Docket 8795. Complaint, July 28, 1969—Decision, Jan. 12, 1978.** Order requiring the largest banana jobber in the United States, located in Long Beach, California, to sell its major competitor in the Los Angeles area which it acquired in 1968; to stop knowingly inducing discriminatory prices; and to not make any acquisition of any banana firm for the next ten years without prior Federal Trade Commission approval. Order requiring the largest importer of bananas in the Los Angeles market, and its subsidiary, to stop discriminating in price among purchasers of their bananas.

*During the course of this proceeding, United Fruit Company through merger became an unincorporated division of United Brands Company, and United Fruit Sales Corporation changed its name to Chiquita Brands, Inc. **Respondent Harbor Banana Distributors, Inc., filed a separate petition for review on March 20, 1973 in the Court of Appeals for the Fifth Circuit. On March 22, 1973, respondents United Brands Company and Chiquita Brands, Inc. also filed a petition for review in the same court.

UNITED FRUIT CO., ET AL. 53 49 Complaint of carpet or rug currently in inventory or production. Upon request, respondents will forward to the Commission for testing a sample of any such carpet or rug.

It is further ordered, That respondents notify the Commission at least 30 days prior to any proposed change in the corporate respondent such as dissolution, assignment or sale resulting in the emergence of a successor corporation, the creation or dissolution of subsidiaries or any other change in the corporation which may affect compliance obligations arising out of the order. It is further ordered, That the individual respondent named herein promptly notify the Commission of the discontinuance of his present business or employment and of his affiliation with a new business or employment. Such notice shall include respondent’s current business or employment in which he is engaged as well as a description of his duties and responsibilities. It is further ordered, That the respondent corporation shall forthwith distribute a copy of this order to each of its operating divisions.

It is further ordered, That the respondents herein shall, within sixty (60) days after service upon them of this order, file with the Commission a report in writing setting forth in detail the manner and form in which they have complied with this order.

← 82 F.T.C. 49 · 82 F.T.C. 53 →