Tag: Energy

Displaying 281 - 300 of 327 results.

Applications for approval of transactions:
Additive marketers Dura Lube and Motor Up, and their principals, have agreed to settle Federal Trade Commission charges that performance claims for their engine treatments were deceptive and unsubstantiated in violation of federal law. The two proposed settlements will bar false and...
Presenting Federal Trade Commission testimony today before the House Judiciary Committee on competition in the petroleum industry, Richard G. Parker*, Director of the FTC's Bureau of Competition, said that while various factors have contributed to higher consumer heating oil and gasoline prices...
Testifying today before the House Commerce Committee's Subcommittee on Energy and Power regarding recent nationwide oil price fluctuations, Richard Parker*, Director of the Federal Trade Commission's Bureau of Competition, stressed the need for federal and state coordination in responding to such...
Applications for approval of transactions:
The Commission authorized staff to file a motion in federal district court to prevent the merger of BP Amoco p.1.c. and Atlantic Richfield Company. The complaint, filed in the U.S. District Court for the Northern District of California, alleged that the merger would reduce...
Publication of Federal Register notice regarding regulatory reviews for calendar year 2000:
Appointment of hold separate trustee: The FTC has approved the appointment of Deloitte Consulting LLC as a hold-separate trustee in the following matter: Exxon Mobil Corporation. This trustee is being appointed per the Commission's recent decision and order -- and order to hold separate and...
A consent order settled antitrust concerns stemming from Exxon's acquisition of Mobil Corporation, but requires the largest retail divestiture in Commission history. The divestitures, representing only a fraction of the worldwide assets of Exxon and Mobil, include 2,431 gas stations...
The Federal Trade Commission announced today that it has accepted a proposed settlement of charges that Exxon Corporation's acquisition of Mobil Corporation would violate federal antitrust laws. The FTC alleged that the acquisition would significantly injure competition in the markets for refining...
A final order permits Dominion's acquisition of Consolidated Natural Gas Company but requires the divestiture of Consolidated's Virginia Natural Gas, Inc. The complaint alleged that the merger would combine the dominant provider of electric power in Virginia with the primary...
A final order ensures competition in the markets for natural gas transportation out of the Gulf of Mexico and into the southeastern United States. The consent order permitted El Paso's $6 billion merger with Sonar Inc. and requires the divestiture of Sea Robin Pipeline Company; Sonat...
In the latest of a series of Federal Trade Commission cases alleging that ad claims for motor oil and fuel additives were deceptive, Castrol North America Inc., the marketer of gas additive Castrol Syntec Power System, and Shell Chemical Company, the developer and supplier of the Castrol Syntec...
  Prolong Super Lubricants, Inc., marketer of one of the largest selling motor oil additives sold in the U. S., has agreed to settle Federal Trade Commission charges that the firm made unsubstantiated claims for its automobile motor oil additive, Prolong Engine Treatment Concentrate (ETC). Prolong...
Gasoline "divorcement" regulations restrict the integration of gasoline refiners and retailers. Theoretically, vertical integration can harm competition, making it possible that divorcement policies could increase welfare; alternatively, these policies may reduce welfare by...
In the latest law enforcement initiative targeting ads that use deceptive performance claims to tout motor oil additives, the Federal Trade Commission has charged the marketers of Dura Lube Super Engine Treatment and Dura Lube Advanced Engine Treatment with making false and unsubstantiated...
Consent order requires Consumer Energy, a CMS subsidiary, to "loan" natural gas from its own system to shippers on third-party pipelines if the interconnection capacity with competing pipelines falls below historical levels settling charges that its acquisition of two natural gas...
The Federal Trade Commission will review the proposed acquisition of Mobil Oil by Exxon Corporation in each area where they compete -- exploration and production, refining and marketing -- and against the backdrop of an "ongoing trend of consolidation and concentration" in the industry, according...
The following is an excerpt from the statement of Federal Trade Commission Chairman Robert Pitofsky and Commissioners Sheila F. Anthony and Mozelle W. Thompson explaining why they believe the consent agreement accepted on December 29, 1998, protects the interests of U.S. consumers and clarifying...

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