FTC to Hold Media Availability on Staff Report:The Petroleum Industry: Mergers, Structural Change, And Antitrust Enforcement

Media Advisory

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The Federal Trade Commission will hold a media availability on Friday, August 13, 2004, at 11:00 a.m. EST in Washington, DC, to announce the issuance of a staff report by its Bureau of Economics entitled “The Petroleum Industry: Mergers, Structural Change, and Antitrust Enforcement.” The event will provide reporters with the opportunity to discuss with staff the report’s topics, including: 1) the FTC’s merger enforcement actions concerning petroleum markets over the past 20 years; 2) industry trends in production, pricing, capital expenditures, and rates of return; and 3) trends at specific industry levels, from crude oil production through retail gasoline marketing. The report is the FTC’s third study since 1980 looking at issues and changing conditions related to the petroleum industry.

 

Who:

William Kovacic, FTC General Counsel

Where:

Federal Trade Commission - Room 481
600 Pennsylvania Avenue, N.W.
Washington, DC 20580

Reporters who are unable to attend the media availability may call in, using the following information. Phone number: 1-800-473-8692; chairperson is Bruce Jennings; confirmation number is 25701553. The lines will open shortly before the start of the event.

When:

Friday, August 13, 2004
11:00 a.m. EST (Room will open at 10:45 a.m. for camera set-up)

Contact:

Mitchell J. Katz
FTC Office of Public Affairs
202-326-2161

Contact Information