Following a public comment period, the Federal Trade Commission has approved a final order settling charges that
Following a public comment period, the Federal Trade Commission has determined not to modify a final order settling charges that AmeriGas L.P.'s proposed acquisition of Energy Transfer Partners L.P.'s Heritage Propane business would have reduced competition and raised prices in the market for propane exchange cylinders that consumers use to fuel barbeque grills and patio heaters. The final FTC order resolving the charges protects consumers by requiring AmeriGas to exclude ETP's cylinder exchange business, Heritage Propane Express, from the sale.
The Commission vote was 4-0. (FTC File No. 121-0022, Docket No. C-4346; the staff contact is Thomas N. Dahdouh, FTC Western Region, San Francisco, 415-848-5122.; see press release dated January 11, 2012.)
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