Proposed Termination of Judgment, 16180 [06-3059]
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16180
Federal Register / Vol. 71, No. 61 / Thursday, March 30, 2006 / Notices
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List of Subjects: Malaysia, tariffs, and
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Issued: March 24, 2006.
VerDate Aug<31>2005
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Jkt 208001
By order of the Commission.
Marilyn R. Abbott,
Secretary to the Commission.
[FR Doc. E6–4609 Filed 3–29–06; 8:45 am]
BILLING CODE 7020–02–P
DEPARTMENT OF JUSTICE
Antitrust Division
Proposed Termination of Judgment
Notice is hereby given that Defendant
Rolex Watch U.S.A., Inc. (‘‘Rolex’’),
successor in interest to Defendant the
American Rolex Watch Corporation in
United States v. The Watchmakers of
Switzerland Information Center, Inc.,
Civil Action No. 96–170 (S.D.N.Y.), has
filed a motion to terminate the Final
Judgment entered in that matter on
March 9, 1960 (‘‘Final Judgment’’) and
that the Department of Justice (‘‘the
Department’’), Antitrust Division, in a
stipulation also field with the Court, has
tentatively consented to termination of
the Final Judgment, but has reserved the
right to withdraw its consent pending
receipt of public comments.
The Final Judgment arose out of a
1950s investigation of the
anticompetitive practices of the Swiss
watch industry, including Swiss watch
manufacturers, Swiss trade associations,
and their United States importers. The
United States filed a complaint against
more than twenty watch companies and
trade association in 1954, including the
American Rolex Watch Corporation.
United States v. The Watchmakers of
Switzerland Information Center, Inc.,
Civil Action No. 96–170 (S.D.N.Y.
Complaint filed Oct. 19, 1954). The
United States made several allegations
in its complaint. It charged that certain
Swiss and U.S. manufacturers and
sellers of Swiss watches and watch parts
engaged in a conspiracy ‘‘to restrict,
eliminate and discourage the
manufacture of watches and watch parts
in the United States, and to restrain
United States imports and exports of
watches and watch parts for
manufacturing and repair purposes.’’ Id.
The United States also charged that
these companies agreed to fix minimum
pieces for watches and maximum prices
for repair parts, regulate the use and
distribution of watches and repair parts,
and boycott those who violated these
restrictions. Id. The conspiracy came
about through the adoption and
enforcement of an agreement known as
the Collective Convention of the Swiss
Watch Industry. ‘‘The purpose of the
Collection Convention was to protect,
develop and stabilize the Swiss watch
industry and to impede the growth of
PO 00000
Frm 00068
Fmt 4703
Sfmt 4703
competitive watch industries outside of
Switzerland.’’ United States v. The
Watchmakers of Switzerland
Information Center, Inc., 1963–1 Trade
Cas. (CCH) ¶ 70,600, at 77,426 (S.D.N.Y.
Dec. 20, 1962).
On March 9, 1960, prior to trial, the
United States and the defendant
importers named in the complaint,
including Rolex, agreed to enter into the
Final Judgment in lieu of going to trial.
United States v. The Watchmakers of
Switzerland Information Center, Inc.,
Trade Reg. Rep. (CCH) ¶ 69,655
(S.D.N.Y. Mar. 9, 1960).
The Department has filed with the
Court a memorandum setting forth the
reasons why the United States believes
that termination of the Final Judgment
would serve the public interest. Copies
of Rolex’s motion to terminate, the
stipulation containing the United States’
tentative consent, the United States’
memorandum, and all further papers
filed with the Court in connection with
Rolex’s motion will be available for
inspection at the Antitrust Documents
Group, Antitrust Division, Room 215,
325 7th Street, NW., Washington, DC
20004, and at the Office of the Clerk of
the United States District Court for the
Southern District of New York. Copies
of these materials may be obtained from
the Antitrust Division upon request and
payment of the copying fee set by
Department of Justice regulations.
Interested persons may submit
comments regarding the proposed
termination of the Final Judgment to the
United States. Such comments must be
received by the Antitrust Division
within sixty (60) days and will be filed
with the Court by the United States.
Comments should be addressed to John
R. Read, Chief, Litigation III Section,
Antitrust Division, U.S. Department of
Justice, 325 7th Street, NW., Suite 300,
Washington, DC 20530.
Dorothy B. Fountain,
Deputy Director of Operations.
[FR Doc. 06–3059 Filed 3–29–06; 8:45 am]
BILLING CODE 4410–11–M
NATIONAL FOUNDATION FOR THE
ARTS AND HUMANITIES
Museums and Libraries Engaging
America’s Youth: Study of IMLS
Funded Grants, Submission for OMB
Review, Comment Request
Institute of Museum and
Library Services.
ACTION: Submission to OMB for Review,
Comment Request.
AGENCY:
SUMMARY: The Institute of Museum and
Library Services announces the
E:\FR\FM\30MRN1.SGM
30MRN1
]]>Agencies
[Federal Register Volume 71, Number 61 (Thursday, March 30, 2006)]
[Notices]
[Page 16180]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-3059]
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DEPARTMENT OF JUSTICE
Antitrust Division
Proposed Termination of Judgment
Notice is hereby given that Defendant Rolex Watch U.S.A., Inc.
(``Rolex''), successor in interest to Defendant the American Rolex
Watch Corporation in United States v. The Watchmakers of Switzerland
Information Center, Inc., Civil Action No. 96-170 (S.D.N.Y.), has filed
a motion to terminate the Final Judgment entered in that matter on
March 9, 1960 (``Final Judgment'') and that the Department of Justice
(``the Department''), Antitrust Division, in a stipulation also field
with the Court, has tentatively consented to termination of the Final
Judgment, but has reserved the right to withdraw its consent pending
receipt of public comments.
The Final Judgment arose out of a 1950s investigation of the
anticompetitive practices of the Swiss watch industry, including Swiss
watch manufacturers, Swiss trade associations, and their United States
importers. The United States filed a complaint against more than twenty
watch companies and trade association in 1954, including the American
Rolex Watch Corporation. United States v. The Watchmakers of
Switzerland Information Center, Inc., Civil Action No. 96-170 (S.D.N.Y.
Complaint filed Oct. 19, 1954). The United States made several
allegations in its complaint. It charged that certain Swiss and U.S.
manufacturers and sellers of Swiss watches and watch parts engaged in a
conspiracy ``to restrict, eliminate and discourage the manufacture of
watches and watch parts in the United States, and to restrain United
States imports and exports of watches and watch parts for manufacturing
and repair purposes.'' Id. The United States also charged that these
companies agreed to fix minimum pieces for watches and maximum prices
for repair parts, regulate the use and distribution of watches and
repair parts, and boycott those who violated these restrictions. Id.
The conspiracy came about through the adoption and enforcement of an
agreement known as the Collective Convention of the Swiss Watch
Industry. ``The purpose of the Collection Convention was to protect,
develop and stabilize the Swiss watch industry and to impede the growth
of competitive watch industries outside of Switzerland.'' United States
v. The Watchmakers of Switzerland Information Center, Inc., 1963-1
Trade Cas. (CCH) ] 70,600, at 77,426 (S.D.N.Y. Dec. 20, 1962).
On March 9, 1960, prior to trial, the United States and the
defendant importers named in the complaint, including Rolex, agreed to
enter into the Final Judgment in lieu of going to trial. United States
v. The Watchmakers of Switzerland Information Center, Inc., Trade Reg.
Rep. (CCH) ] 69,655 (S.D.N.Y. Mar. 9, 1960).
The Department has filed with the Court a memorandum setting forth
the reasons why the United States believes that termination of the
Final Judgment would serve the public interest. Copies of Rolex's
motion to terminate, the stipulation containing the United States'
tentative consent, the United States' memorandum, and all further
papers filed with the Court in connection with Rolex's motion will be
available for inspection at the Antitrust Documents Group, Antitrust
Division, Room 215, 325 7th Street, NW., Washington, DC 20004, and at
the Office of the Clerk of the United States District Court for the
Southern District of New York. Copies of these materials may be
obtained from the Antitrust Division upon request and payment of the
copying fee set by Department of Justice regulations.
Interested persons may submit comments regarding the proposed
termination of the Final Judgment to the United States. Such comments
must be received by the Antitrust Division within sixty (60) days and
will be filed with the Court by the United States. Comments should be
addressed to John R. Read, Chief, Litigation III Section, Antitrust
Division, U.S. Department of Justice, 325 7th Street, NW., Suite 300,
Washington, DC 20530.
Dorothy B. Fountain,
Deputy Director of Operations.
[FR Doc. 06-3059 Filed 3-29-06; 8:45 am]
BILLING CODE 4410-11-M
