U.S. Department
of Justice
Proof Of Publication - The Courier-Journal
202-514-2558 0017478039005037983
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U.S. DEPARTMENT OF JUSTICE Take notice that a proposed Amended Final Judgment has been filed in a civil antitrust case, United States of America v. Kentucky Real Estate Commission, Civil Action No. 3:05-CV-188-S. On March 31, 2005, the United States filed a Complaint alleging that the Commission and others violated Section 1 of the Sherman Act, 15 U.S.C. § 1, when they entered into and engaged in a combination and conspiracy to restrict competition among real estate brokers through the Commission's promulgation and enforcement of regulations banning rebates and inducements. The proposed Amended Final Judgment, filed on July 15, 2005: (i) enjoins the Commission from enforcing any regulations that prohibit licensed real estate brokers in Kentucky from offering non-misleading rebates or inducements; (ii) requires the Commission to notify brokers that they can offer rebates and inducements to attract clients; (iii) permits any broker, whose license is currently suspended or revoked on account of offering a rebate or inducement, to request to have his or her license reinstated; (iv) requires the Commission to cease any current investigations or disciplinary actions relating to the offering of rebates and inducements; and (v) provides that any disciplinary action against rebates and inducements is null and void. A Competitive Impact Statement filed by the United States describes the Complaint, the proposed Amended Final Judgment, the industry, and the remedies available to private litigants who may have been injured by the alleged violation. Copies of the Complaint, Stipulation and Order, proposed Amended Final Judgment, and Competitive Impact Statement are available for inspection at the Department of Justice, Antitrust Division, Room 200, 325 Seventh Street, N.W., Washington, D.C. 20530, on the Department of Justice's website at http://www.usdoj.gov/atr/, and at the Office of the Clerk of the United States District Court for the Western District of Kentucky in Louisville, Kentucky. Interested persons may address comments to John Read, Chief, Litigation III Section, Antitrust Division, Department of Justice, 325 7th Street, N.W., Suite 300, Washington, D.C. 20530 within 60 days of the date of this notice. Ad shown is not actual print size Janice 815 Legal Notices U.S. DEPARTMENT OF JUSTICE Take notice that a proposed Amended Final Judgment has been filed in a civil antitrust case, United States of America v. Kentucky Real Estate Commission, Civil Action No. 3:05-CV-188-S. On March 31, 2005, the United States filed a Complaint alleging that the Commission and others violated Section 1 of the Sherman Act, 15 U.S.C. § 1, when they entered into and engaged in a combination and conspiracy to restrict competition among real estate brokers through the Commission's promulgation and enforcement of regulations banning rebates and inducements. The proposed Amended Final Judgment, filed on July 15, 2005: (i) enjoins the Commission from enforcing any regulations that prohibit licensed real estate brokers in Kentucky from offering non-misleading rebates or inducements; (ii) requires the Commission to notify brokers that they can offer rebates and inducements to attract clients; (iii) permits any broker, whose license is currently suspended or revoked on account of offering a rebate or inducement, to request to have his or her license reinstated; (iv) requires the Commission to cease any current investigations or disciplinary actions relating to the offering of rebates and inducements; and (v) provides that any disciplinary action against rebates and inducements is null and void. A Competitive Impact Statement filed by the United States describes the Complaint, the proposed Amended Final Judgment, the industry, and the remedies available to private litigants who may have been injured by the alleged violation. Copies of the Complaint, Stipulation and Order, proposed Amended Final Judgment, and Competitive Impact Statement are available for inspection at the Department of Justice, Antitrust Division, Room 200, 325 Seventh Street, N.W., Washington, D.C. 20530, on the Department of Justice's website at http://www.usdoj.gov/atr/, and at the Office of the Clerk of the United States District Court for the Western District of Kentucky in Louisville, Kentucky. Interested persons may address comments to John Read, Chief, Litigation III Section, Antitrust Division, Department of Justice, 325 7th Street, N.W., Suite 300, Washington, D.C. 20530 within 60 days of the date of this notice. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||