Auburn, California - Following a public comment period, the Federal Trade Commission has approved an application by Service Corporation International (SCI) to divest a funeral home in Auburn, California, as required under the FTC’s May 2014 order settling charges that SCI’s acquisition of Stewart Enterprises, Inc. would be anticompetitive.
This is the last of the 53 funeral homes and 38 cemeteries that the FTC required SCI to divest to ensure competition is maintained in 59 communities throughout the United States.
The Commission vote to approve the divestiture of Lassila Funeral Chapel to Claney Oatmeyer Semenyuk, Inc., and to extend the time by which it must be completed, was 5-0. (FTC File No. 131-0163, Docket No. C4423; the staff contact is Elizabeth A. Piotrowski, Bureau of Competition, 202-326-2623)