Ash Grove Cement Co
Volume 85 · 85 F.T.C. 1123
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Ash Grove Cement Co, 85 F.T.C. 1123 (1975). Consumer Law Library, https://consumerlawlibrary.org/decisions/v085-0133
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IN TH~ MATTER OF ASH GROVE CEMENT CO.
ORDER, OPINION, ETC., IN REGARD TO ALLEGED VIOLATIbN OF SEC. 5 OF THE FEDERAL TRADE COMMSSION ACT AND SEe. 7 OF THE CLAYTN ACT Docket 8785. Complaint, July 1969-Deci.sion, JU"Y 24, 197.5 Order requiring a Kansas City, Mo., manufacturer and seller of lime and portland cement, among other things, to divest itself of two producers of ready mixed concrete in the Kansas City marketing area, and for a ten-year period, not to acquire, without prior Commission approval, ready mixed concrete companies whose purchases of portland cement exceed designated amount". The Commission also decided that a third acquisition of a quarring business was not anticompetitive.
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112:1 Decif;ion and Order created at the end of the billng cycle in which the credit balance is first recorded on a customer s account and at the end of the biling cycle in which the recorded amount of an existing credit balance is changed due to a customer s use of the account. Whenever the recorded amount of an existing credit balance is clianged ' respondent's obligations under this order with respect to the credit balance existing prior to such change shall automatically be replaced by its obligations under this order with respect to the new credit balance created by said change. E. It is fu.rther ordered That notwithstanding the foregoing, the provisions of this order shall not be applicable to credit balances on accounts administered by third parties.
F. It is further ordered That respondent shall, within sixty (60) days after the entry of this order, tie with the Commission a report in wrting setting forth in detail the manner and form in which it has complied with this order.
G. It is further ordered That respondent notify the Commssion at least thirty (30) days prior to any proposed change in the corporate respondent such as dissolution, assignent or sale resulting in the emergence of a successor corpration, the creation or dissolution of subsidiaries or any other change in the corporation which may affect compliance obligations arising out of the order. H. It is further ordered That respondent shall forthwith distribute a copy of this order to each of its retail operating divisions and subsidiaries.