Rite Aid Corporation and the Jean Coutu Group

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Rite Aid Corporation and the Jean Coutu Group Federal Register / Vol. 72, No. 111 / Monday, June 11, 2007 / Notices 32099 April 1, 2004 respectively. On March • FCSIC Financial Report. ACTION: Proposed Consent Agreement. 31, 2005, EPA approved Louisiana’s • Report on Insured Obligations. 2002 listing of 442 water body-pollutant • Quarterly Report on Annual SUMMARY: The consent agreement in this combinations and associated priority Performance Plan. matter settles alleged violations of federal law prohibiting unfair or rankings and Louisiana’s 2004 listing of C. New Business 444 water body-pollutant combinations deceptive acts or practices or unfair • and associated priority rankings. EPA Mid-year Review of Insurance methods of competition. The attached disapproved Louisiana’s 2002 listing Premium Rates. Analysis to Aid Public Comment decisions not to list 44 water quality describes both the allegations in the Closed Session draft complaint and the terms of the limited segments and associated • pollutants (or 69 water body-pollutant FCSIC Report on System consent order -- embodied in the consent agreement -- that would settle combinations) and Louisiana’s 2004 Performance. these allegations. listing decisions not to list 14 water Dated: June 5, 2007. quality limited segments and associated Roland E. Smith, DATES: Comments must be received on pollutants (or 17 water body-pollutant Secretary, Farm Credit System Insurance or before July 9, 2007. combinations). EPA identified these Corporation Board. ADDRESSES: Interested parties are additional waters and pollutants along [FR Doc. E7–11168 Filed 6–8–07; 8:45 am] invited to submit written comments. Comments should refer to ‘‘Rite Aid and with priority rankings for inclusion on BILLING CODE 6710–01–P the 2002 and 2004 Section 303(d) Lists. The Jean Coutu Group, File No. 061 0257,’’ to facilitate the organization of Dated: May 31, 2007. comments. A comment filed in paper FEDERAL HOUSING FINANCE BOARD Miguel I. Flores form should include this reference both Director, Water Quality Protection Division, in the text and on the envelope, and Region 6. Sunshine Act Meeting Notice; Announcing a Partially Open Meeting should be mailed or delivered to the [FR Doc. E7–11209 Filed 6–8–07; 8:45 am] of the Board of Directors following address: Federal Trade BILLING CODE 6560–50–P Commission/Office of the Secretary, TIME AND DATE: The open meeting of the Room 135-H, 600 Pennsylvania Avenue, Board of Directors is scheduled to begin NW, Washington, D.C. 20580. FARM CREDIT SYSTEM INSURANCE at 10 a.m. on Wednesday, June 13, 2007. Comments containing confidential CORPORATION The closed portion of the meeting will material must be filed in paper form, follow immediately the open portion of must be clearly labeled ‘‘Confidential,’’ Regular Meeting the meeting. and must comply with Commission AGENCY: Farm Credit System Insurance PLACE: Board Room, First Floor, Federal Rule 4.9(c). 16 CFR 4.9(c) (2005).1 The Corporation Board. Housing Finance Board, 1625 Eye FTC is requesting that any comment SUMMARY: Notice is hereby given of the Street, NW., Washington, DC 20006. filed in paper form be sent by courier or regular meeting of the Farm Credit STATUS: The first portion of the meeting overnight service, if possible, because System Insurance Corporation Board will be open to the public. The final U.S. postal mail in the Washington area (Board). portion of the meeting will be closed to and at the Commission is subject to Date and Time: The meeting of the the public. delay due to heightened security Board will be held at the offices of the precautions. Comments that do not MATTER TO BE CONSIDERED AT THE OPEN Farm Credit Administration in McLean, contain any nonpublic information may PORTION: Final Rule: Financial Interests Virginia, on June 12, 2007, from 9 a.m. instead be filed in electronic form as for Appointive Directors. until such time as the Board concludes part of or as an attachment to email its business. MATTER TO BE CONSIDERED AT THE CLOSED messages directed to the following email PORTION: Periodic Update of FOR FURTHER INFORMATION CONTACT: box: [email protected]. Examination Program Development and Roland E. Smith, Secretary to the Farm The FTC Act and other laws the Supervisory Findings. Credit System Insurance Corporation Commission administers permit the Board, (703) 883–4009, TTY (703) 883– CONTACT PERSON FOR MORE INFORMATION: collection of public comments to 4056. Shelia Willis, Paralegal Specialist, consider and use in this proceeding as Office of General Counsel, at 202–408– ADDRESSES: Farm Credit System appropriate. All timely and responsive 2876 or [email protected]. Insurance Corporation, 1501 Farm public comments, whether filed in Credit Drive, McLean, Virginia 22102. Dated: June 6, 2007. paper or electronic form, will be SUPPLEMENTARY INFORMATION: Parts of By the Federal Housing Finance Board. considered by the Commission, and will this meeting of the Board will be open Neil R. Crowley, be available to the public on the FTC to the public (limited space available) Acting General Counsel. website, to the extent practicable, at and parts will be closed to the public. [FR Doc. 07–2890 Filed 6–6–07; 4:36 pm] www.ftc.gov. As a matter of discretion, the FTC makes every effort to remove In order to increase the accessibility to BILLING CODE 6725–01–P Board meetings, persons requiring home contact information for assistance should make arrangements in individuals from the public comments it receives before placing those comments advance. The matters to be considered FEDERAL TRADE COMMISSION at the meeting are: [File No. 061 0257] 1 The comment must be accompanied by an Open Session explicit request for confidential treatment, Rite Aid Corporation and The Jean including the factual and legal basis for the request, A. Approval of Minutes Coutu Group (PJC), Inc.; Analysis of and must identify the specific portions of the • comment to be withheld from the public record. April 12, 2007 (Open and Closed) The Agreement Containing Proposed The request will be granted or denied by the B. Business Reports. Consent Order to Aid Public Comment Commission’s General Counsel, consistent with applicable law and the public interest. See • Investment Program Review. AGENCY: Federal Trade Commission. Commission Rule 4.9(c), 16 CFR 4.9(c). VerDate Aug<31>2005 15:28 Jun 08, 2007 Jkt 211001 PO 00000 Frm 00044 Fmt 4703 Sfmt 4703 E:\FR\FM\11JNN1.SGM 11JNN1 cprice-sewell on PROD1PC67 with NOTICES 32100 Federal Register / Vol. 72, No. 111 / Monday, June 11, 2007 / Notices on the FTC website. More information, and will decide whether it should customers generally pay the full posted including routine uses permitted by the withdraw from the agreement or make or list price set by a pharmacy for a Privacy Act, may be found in the FTC’s the proposed Order final. prescription drug or an amount privacy policy, at http://www.ftc.gov/ The purpose of this analysis is to reflecting a discount off of those prices. ftc/privacy.htm. invite public comment on the proposed The evidence indicates that the sale of FOR FURTHER INFORMATION CONTACT: consent Order. This analysis does not pharmacy services to cash customers is Thomas Cohn, Leonard Gordon, or constitute an official interpretation of a separate market from the sale of Jonathan Platt (212) 607-2829, Northeast the agreement and proposed Order, and pharmacy services to customers covered Regional Office, Federal Trade does not modify the terms in any way. by third party payors. This is consistent Commission, One Bowling Green, Suite Further, the proposed consent Order has with prior Commission investigations 318, New York, New York 10004. been entered into for settlement regarding pharmacy services. SUPPLEMENTARY INFORMATION: Pursuant purposes only, and does not constitute The evidence indicates that pricing in to section 6(f) of the Federal Trade an admission by the Proposed the cash prescription market is not Commission Act, 38 Stat. 721, 15 U.S.C. Respondents that they violated the law constrained by competitive conditions 46(f), and § 2.34 of the Commission or that the facts alleged in the in the third party payor prescription Rules of Practice, 16 CFR 2.34, notice is Complaint against the Respondents market, nor by mail order pharmacies or hereby given that the above-captioned (other than jurisdictional facts) are true. discount cards. Cash customers pay consent agreement containing a consent On August 23, 2006, Rite Aid entered prices that are consistently higher than order to cease and desist, having been into a Stock Purchase Agreement prices on the same drugs paid for by filed with and accepted, subject to final whereby Rite Aid would acquire Jean third party payors, and there is a approval, by the Commission, has been Coutu’s Eckerd and Brooks retail significant disparity in profit margins placed on the public record for a period pharmacy chains in exchange for between sales to cash customers and of thirty (30) days. The following approximately $3.5 billion worth of sales to customers covered by third Analysis to Aid Public Comment cash and stock. As a result of the party payors. Cash customers are most describes the terms of the consent transaction, Rite Aid would hold 100% likely unable to purchase health agreement, and the allegations in the of the common and preferred shares of insurance or obtain health benefits from complaint. An electronic copy of the The Jean Coutu Group USA, Inc., and an employer in response to a post- full text of the consent agreement Jean Coutu would acquire merger price increase for cash prescriptions. package can be obtained from the FTC approximately 30% of the voting Evidence indicates that cash Home Page (for June 4, 2007), on the securities of Rite Aid. customers typically do not travel far to World Wide Web, at http://www.ftc.gov/ II.
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