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In the Matter of AmeriGas Propane, L.P., a limited partnership; AmeriGas Propane, Inc., a corporation; Energy Transfer Partners, L.P., a limited partnership; and Energy Transfer Partners, GP, L.P., a limited partnership
FTC Matter/File Number
1210022
Docket Number
C-4346
Enforcement Type
Part 2 Consents
Case Summary
The FTC required AmeriGas L.P. and Energy Transfer Partners L.P. (ETP), two of the nation's largest propane distributors, to amend AmeriGas's proposed acquisition of ETP's Heritage Propane business as part of a settlement with the FTC. The settlement resolves FTC charges that the deal, as originally proposed, 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 FTC's settlement requires AmeriGas to exclude ETP's cylinder exchange business, Heritage Propane Express, from the sale.