Notice Pursuant to the National Cooperative Research and Production Act of 1993-PXI Systems Alliance, Inc., 43462 [2015-17987]

Download as PDF 43462 Federal Register / Vol. 80, No. 140 / Wednesday, July 22, 2015 / Notices DEPARTMENT OF JUSTICE Antitrust Division Notice Pursuant to the National Cooperative Research and Production Act of 1993—PXI Systems Alliance, Inc. Notice is hereby given that, on June 26, 2015, pursuant to section 6(a) of the National Cooperative Research and Production Act of 1993, 15 U.S.C. 4301 et seq. (‘‘the Act’’), PXI Systems Alliance, Inc. has filed written notifications simultaneously with the Attorney General and the Federal Trade Commission disclosing changes in its membership. The notifications were filed for the purpose of extending the Act’s provisions limiting the recovery of antitrust plaintiffs to actual damages under specified circumstances. Specifically, LinkedHope Intelligent Technology Co., Ltd., Beijing, PEOPLE’S REPUBLIC OF CHINA; and VX Instruments GmbH, Altdorf, GERMANY, have been added as parties to this venture. No other changes have been made in either the membership or planned activity of the group research project. Membership in this group research project remains open, and PXI Systems Alliance, Inc. intends to file additional written notifications disclosing all changes in membership. On November 22, 2000, PXI Systems Alliance, Inc. filed its original notification pursuant to section 6(a) of the Act. The Department of Justice published a notice in the Federal Register pursuant to section 6(b) of the Act on March 8, 2001 (66 FR 13971). The last notification was filed with the Department on April 7, 2015. A notice was published in the Federal Register pursuant to section 6(b) of the Act on April 30, 2015 (80 FR 24278). Patricia A. Brink, Director of Civil Enforcement, Antitrust Division. [FR Doc. 2015–17987 Filed 7–21–15; 8:45 am] BILLING CODE 4410–11–P DEPARTMENT OF JUSTICE tkelley on DSK3SPTVN1PROD with NOTICES Antitrust Division United States v. Entercom Communications Corp. and Lincoln Financial Media Company; Proposed Final Judgment and Competitive Impact Statement Notice is hereby given pursuant to the Antitrust Procedures and Penalties Act, 15 U.S.C. 16(b)–(h), that a proposed Final Judgment, Hold Separate VerDate Sep<11>2014 19:59 Jul 21, 2015 Jkt 235001 Stipulation and Order, and Competitive Impact Statement have been filed with the United States District Court for the District of Columbia in United States of America v. Entercom Communications Corp. and Lincoln Financial Media Company, Civil Action No. Case 1:15– cv–01119–RC. On July 14, 2015, the United States filed a Complaint alleging that Entercom Communications Corp.’s acquisition of Lincoln Financial Media Company would likely substantially lessen competition in the sale of advertising on English-language broadcast radio stations in the Denver, Colorado metro area, in violation of Section 7 of the Clayton Act, 15 U.S.C. 18. The proposed Final Judgment, filed on the same day as the Complaint, resolves the case by requiring Entercom to divest certain broadcast radio stations in Denver, Colorado. A Competitive Impact Statement filed by the United States describes the Complaint, the proposed Final Judgment, and the industry. Copies of the Complaint, proposed Final Judgment, and Competitive Impact Statement are available for inspection at the Department of Justice, Antitrust Division, Antitrust Documents Group, 450 Fifth Street NW., Suite 1010, Washington, DC 20530 (telephone: 202– 514–2481), on the Department of Justice’s Web site at http:// www.usdoj.gov/atr, and at the Office of the Clerk of the United States District Court for the District of Columbia. 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. Public comment is invited within 60 days of the date of this notice. Such comments, including the name of the submitter, and responses thereto, will be posted on the Department of Justice, Antitrust Division’s internet Web site, filed with the Court and, under certain circumstances, published in the Federal Register. Comments should be directed to David Kully, Chief, Litigation III Section, Antitrust Division, Department of Justice, 450 Fifth Street NW., Suite 4000, Washington, DC 20530 (telephone: 202–305–9969). Patricia A. Brink, Director of Civil Enforcement. United States District Court for the District of Columbia United States of America, United States Department of Justice, Antitrust Division, Litigation III Section, 450 Fifth Street NW., 4th Floor, Washington, DC 20530, Plaintiff, v. Entercom Communications Corp., 401 E. City Avenue, Suite 809, Bala Cynwyd, Pennsylvania 19004, and Lincoln Financial PO 00000 Frm 00077 Fmt 4703 Sfmt 4703 Media Company, 3340 Peachtree Rd. NE., Suite 1430, Atlanta, Georgia 30326, Defendants CASE NO.: 1:15–cv–01119–RC JUDGE: Rudolph Contreras FILED: 07/14/15 COMPLAINT The United States of America, acting under the direction of the Attorney General of the United States, brings this civil action to enjoin the proposed acquisition of Lincoln Financial Media Company (‘‘Lincoln’’) by Entercom Communications Corp. (‘‘Entercom’’), and to obtain other equitable relief. The acquisition likely would substantially lessen competition for the sale of radio advertising to advertisers targeting English-language listeners in the Denver, Colorado Metro Survey Area (‘‘Denver MSA’’), in violation of Section 7 of the Clayton Act, 15 U.S.C. 18. The United States alleges as follows: I. NATURE OF THE ACTION 1. By agreement, as amended and restated, dated December 7, 2014, between Lincoln National Life Insurance Company and Entercom, Entercom agreed to acquire Lincoln in a cash-and-stock deal for $105 million. Lincoln National Life Insurance Company is a subsidiary of Lincoln National Corporation. 2. Entercom and Lincoln own and operate broadcast radio stations in various locations throughout the United States, including a number of stations in Denver, Colorado. Entercom’s and Lincoln’s broadcast radio stations compete head-to-head for the business of local and national companies that seek to advertise on English-language broadcast radio stations in Denver, Colorado. 3. As alleged in greater detail below, the proposed acquisition would eliminate this substantial head-to-head competition in the Denver MSA and result in advertisers paying higher prices for radio advertising time in that market. Therefore, the proposed acquisition violates Section 7 of the Clayton Act, 15 U.S.C. 18, and should be enjoined. II. JURISDICTION, VENUE, AND COMMERCE 4. The United States brings this action pursuant to Section 15 of the Clayton Act, as amended, 15 U.S.C. 25, to prevent and restrain Entercom and Lincoln from violating Section 7 of the Clayton Act, 15 U.S.C. 18. The Court has subject-matter jurisdiction over this action pursuant to Section 15 of the Clayton Act, 15 U.S.C. 25, and 28 U.S.C. 1331, 1337(a), and 1345. E:\FR\FM\22JYN1.SGM 22JYN1

Agencies

[Federal Register Volume 80, Number 140 (Wednesday, July 22, 2015)]
[Notices]
[Page 43462]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2015-17987]



[[Page 43462]]

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DEPARTMENT OF JUSTICE

Antitrust Division


Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--PXI Systems Alliance, Inc.

    Notice is hereby given that, on June 26, 2015, pursuant to section 
6(a) of the National Cooperative Research and Production Act of 1993, 
15 U.S.C. 4301 et seq. (``the Act''), PXI Systems Alliance, Inc. has 
filed written notifications simultaneously with the Attorney General 
and the Federal Trade Commission disclosing changes in its membership. 
The notifications were filed for the purpose of extending the Act's 
provisions limiting the recovery of antitrust plaintiffs to actual 
damages under specified circumstances. Specifically, LinkedHope 
Intelligent Technology Co., Ltd., Beijing, PEOPLE'S REPUBLIC OF CHINA; 
and VX Instruments GmbH, Altdorf, GERMANY, have been added as parties 
to this venture.
    No other changes have been made in either the membership or planned 
activity of the group research project. Membership in this group 
research project remains open, and PXI Systems Alliance, Inc. intends 
to file additional written notifications disclosing all changes in 
membership.
    On November 22, 2000, PXI Systems Alliance, Inc. filed its original 
notification pursuant to section 6(a) of the Act. The Department of 
Justice published a notice in the Federal Register pursuant to section 
6(b) of the Act on March 8, 2001 (66 FR 13971).
    The last notification was filed with the Department on April 7, 
2015. A notice was published in the Federal Register pursuant to 
section 6(b) of the Act on April 30, 2015 (80 FR 24278).

Patricia A. Brink,
Director of Civil Enforcement, Antitrust Division.
[FR Doc. 2015-17987 Filed 7-21-15; 8:45 am]
BILLING CODE 4410-11-P