NEWS WATCH

The Federal Trade Commission has decided not to release Vons Cos., Arcadia, Calif., from a 1992 order requiring the chain to retain prior approval from the agency before acquiring stores in 21 California cities and Las Vegas. The FTC said it couldn't withdraw its order because Vons is still actively seeking to acquire a location in Grover Beach, Calif., from Smith's Food & Drug Centers, Salt Lake

The Federal Trade Commission has decided not to release Vons Cos., Arcadia, Calif., from a 1992 order requiring the chain to retain prior approval from the agency before acquiring stores in 21 California cities and Las Vegas. The FTC said it couldn't withdraw its order because Vons is still actively seeking to acquire a location in Grover Beach, Calif., from Smith's Food & Drug Centers, Salt Lake City. A California state antitrust action has already deemed that acquisition to be anticompe

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