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U.S. Department of Justice Seal and Letterhead
  December 7, 1992


SUMMARY OF ANTITRUST ENFORCEMENT ACTIONS
FOR PUBLIC RELEASE
FOR MONDAY, NOV. 30, 1992 THROUGH FRIDAY, DEC. 4, 1992


12/1/92

Department of Justice Issues Business Review Letter

In a letter from John W. Clark, Acting Assistant Attorney-General in charge of the Antitrust Division, to counsel for Super Efficient Refrigerator Program ("SERP"), the Department announced that it does not intend to challenge the proposed program of SERP. SERP will offer an incentive of approximately $30 million to a firm that can design, bring to market and sell, prior to mid-1997, residential refrigerators that will be free of chloroflurocarbons and at least twenty-five percent more efficient than those meeting the 1993 standards of the Department of Energy. SERP is a California not-for-profit corporation whose members include public and privately owned electric utilities and one federal power authority.

12/1/92

Department of Justice Announces Pilot Program to Expedite the Business Review Process

The Department of Justice announced that it has adopted a pilot program to expedite the processing of business review requests with respect to joint ventures and information exchange programs. If persons seeking business review determinations voluntarily provide certain specified information and documents to the Department when the initial request is submitted, the Department will use its best efforts to respond to those requests within sixty to ninety days. This pilot program is designed to alter the common practice under which the Department must request additional information after a business review request has been filed, thus delaying consideration of the merits of the request.

 


Copies of legal filings are available from the Legal Procedure Unit, Antitrust Division, Room 3233, Telephone No.: 514-2481.

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