Page:United States Statutes at Large Volume 89.djvu/872

 89 STAT. 812

PUBLIC LAW 94-152—DEC. 16, 1975 "(ii) the Chairman of the Federal Trade Commission or his delegate, and "(iii) an individual designated by the President in subsection (c)(2) or his delegate, and which are chaired by the individual referred to in clause

Publication in Federal Register.

Meeting, verbatim transcript.

Public inspection.

Voluntary agreement.

"(B) at least seven days prior to any such meeting, notice of the time, place, and nature of the meeting shall be published in the Federal Register; "(C) interested persons may submit written data and views concerning the proposed voluntary agreement, with or without opportunity for oral presentation; "(D) interested persons may attend any such meeting unless the individual designated by the President in subsection (c)(2) finds that the matter or matters to be discussed at such meeting falls within the purview of matters described in subsection (b) (1) or (b)(3) of section 552 of title 5, United States Code; " (E) a full and verbatim transcript shall be made of any such meeting and shall be transmitted by the chairman of the meeting to the Attorney General and to the Chairman of the Federal Trade Commission; " (F) any voluntary agreement resulting from the meetings shall be transmitted by the chairman of the meetings to the Attorney General and to the Chairman of the Federal Trade Commission; and "(G) any transcript referred to in subparagraph (E) and any voluntary agreement referred to in subparagraph (F) shall be available for public inspection and copying, subject to subsections (b)(1) and (b)(3) of section 552 of title 5, United States Code. " (f)(1) A voluntary agreement may not become effective unless and until— "(A) the individual referred to in subsection (c)(2) who is to administer the agreement approves it and certifies, in writing, that the agreement is necessary to carry out the purposes of subsection (c)(1); and "(B) the Attorney General (after consultation with the Chairman of the Federal Trade Commission) finds, in writing, that such purpose may not reasonably be achieved through a voluntary agreement having less anticompetitive effects or without any voluntary agreement. "(2) Each voluntary agreement which becomes effective under paragraph (1) shall expire two years after the date it becomes effective (and at two-year intervals thereafter, as the case may be), unless (immediately prior to such expiration date) the individual referred to in subsection (c)(2) who administers the agreement and the Attorney General (after consultation with the Chairman of the Federal Trade Commission) make the certification or finding, as the case may be, described in paragraph (1) with respect to such voluntary agreement, in which case, the voluntary agreement may be extended for an additional period of two years. "(g) The Attorney General and the Chairman of the Federal Trade Commission shall monitor the carrying out of any voluntary agreement to assure— " (1) that the agreement is carrying out the purposes of subsection (c)(1); "(2) that the agreement is being carried out under rules promulgated pursuant to subsection (e);

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