Commission Appoints Interim Monitor, Approves Interim Monitor Agreement in Matter of Reed Elsevier NV/ChoicePoint, Inc.

The Commission has appointed Mitchell S. Pettit as the interim monitor under the terms of the recently approved consent order concerning ChoicePoint, Inc.’s acquisition by Reed Elsevier, NV. The Commission also approved the interim monitor agreement in this matter. The Commission’s decision and consent order authorizes the FTC to appoint an interim monitor to oversee the divestiture of assets required in this matter. As the monitor appointed by the Commission, Pettit, the founder and CEO of MSP Strategic Communication, Inc., will perform his duties in accordance with the interim monitor agreement, which both ChoicePoint and Reed Elsevier have agreed to.

The vote to appoint the interim monitor and approve the interim monitor agreement was 4-0. A public version of the agreement can be found on the FTC’s Web site and as a link to this press release. (FTC File No. 081-0133; the staff contact is Anne R. Schenof, Bureau of Competition, 202-326-2031; see press release dated September 16, 2008, at http://www.ftc.gov/opa/2008/09/choicepoint.shtm).

Copies of the documents mentioned in this release are available from the FTC’s Web site at http://www.ftc.gov and from the FTC’s Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Call toll-free: 1-877-FTC-HELP.

(FYI 60.2008.wpd)

IR Press

Share
Published by
IR Press
Tags: Competition

Recent Posts

OCC Announces Enforcement Actions for November 2024

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released enforcement actions taken against…

21 hours ago

Remarks by Secretary of the Treasury Janet L. Yellen on the 30th Anniversary of the Community Development Financial Institution Fund

As Prepared for Delivery Good afternoon. It’s an honor to welcome President Clinton to Treasury today…

2 days ago

Treasury Sanctions Gazprombank and Takes Additional Steps to Curtail Russia’s Use of the International Financial System

Treasury imposes sanctions on dozens of Russian banks, securities registrars, and finance officials; OFAC issues…

2 days ago

Acting Comptroller Testifies on State of the Federal Banking System

WASHINGTON—Acting Comptroller Michael J. Hsu today testified on the state of the federal banking system…

2 days ago

Remarks by Assistant Secretary for International Finance Brent Neiman on the U.S. Cross-Border Payments Agenda

As Prepared for Delivery Thank you very much for the opportunity to be here today, and…

4 days ago