For Your Information: August 29, 2000
Following a public comment period, the Commission has made final a modified consent agreement with the following: BP Amoco p.l.c., et al. The modification made to the original order pertains to the provision requiring a prior notification with the Commission if the respondents re-acquire certain assets from Phillips Petroleum Co. The modifications affect the form of prior notification required and also limit the prior notification requirement to certain specific categories of re-acquired assets. The Commission vote to finalize the consent order was 5-0. At the time the Commission accepted the consent agreement for public comment, Chairman Robert Pitofsky and Commissioner Mozelle Thompson issued a joint separate statement concurring in part and dissenting in part, and Commissioners Thomas B. Leary, Sheila Anthony and Orson Swindle also issued a separate statement. (File No. 991-0193; Docket No. C-3938; staff contact is Molly Boast, Bureau of Competition, 202-326-3300; see press release dated April 13, 2000.)
Copies of the documents mentioned in this release are available from the FTC's Web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, D.C. 20580; toll free: 877-FTC-HELP (877-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710.
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