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.
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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.
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Copies of legal filings
are available from the Legal Procedure Unit, Antitrust Division, Room
3233, Telephone No.: 514-2481.
92-387
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