Tag: Energy

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Through a proposed consent agreement reached with the Federal Trade Commission and announced today, the $45 billion merger of Chevron Corp. (Chevron) and Texaco Inc. (Texaco), two of the world's largest integrated oil companies, would be allowed to proceed, with significant divestitures required...
On August 2, 2001, the Federal Trade Commission will hold an initial public conference to examine factors that affect prices of refined petroleum products in the United States. The conference, which does not require advance registration, will be open to the public and will be free of charge. It...
The Federal Trade Commission today announced the completion of its investigation of various marketing and distribution practices employed by the major oil refiners in Arizona, California, Nevada, Oregon, and Washington ("Western States"). After an almost three-year investigation, the Commission...
Federal Trade Commission Chairman Robert Pitofsky presented the Commission's testimony today before the Senate Subcommittee on Consumer Affairs, Foreign Commerce, and Tourism of the Committee on Commerce, Science, and Transportation concerning FTC merger enforcement in the gasoline industry. The...
After a nine-month investigation into the causes of the gasoline price spikes in local markets in the Midwest during the spring and summer of 2000, the Federal Trade Commission today announced its findings into the causes behind such price increases. While the Commission found no credible evidence...
The Federal Trade Commission has filed suit in U. S. District Court seeking to halt false and misleading advertising for zMax auto additives and has asked the court to order refunds to consumers who bought the products.
The Commission has determined to close an investigation related to the following matter: SmithKline Beecham/Glaxo Wellcome. Upon acceptance for public comment of the consent agreement reached with the respondents on December 18, 2000, the FTC stated that it would continue investigating the...
Release of FTC Holiday Shopping Alert: The Office of Consumer and Business Education, within the FTC's Bureau of Consumer Protection, has recently released a Holiday Shopping Alert titled: "Buying Cashmere? Avoid Pulled Wool." The alert provides information about how products made of this type of...
The Commission has received an application for approval of a proposed transaction from the following: Unified Western Grocers, Inc. (Unified). The application concerns the June 1999 FTC consent order regarding the merger of Albertson's, Inc. and American Stores Company, which required the...
Consent agreements given final approval:
The Federal Trade Commission today issued an interim report to Congress on its investigation into recent Midwest gas price increases that sets forth the reasons the Commission launched the investigation and provides a status report on the ongoing investigation, including progress to date and a...
Commission action regarding applications for approval: The FTC has approved an application from the following: Exxon Mobil Corp. The application concerns Exxon Mobil's request to divest Mobil Pipe Line Company's interest in Colonial Pipeline Company and Colonial Ventures, L.L.C. (Colonial), as...
Application for approval of proposed divestiture: The FTC has received an application for divestiture from the following: Dominion Resources, Inc. and Consolidated Natural Gas Company (CNG). Pursuant to the terms of the Commission's order announced on November 5, 1999, regarding the proposed...
Presenting Federal Trade Commission testimony today before the U.S. Senate Committee on Energy and Natural Resources regarding recent gasoline price increases in the Midwest, FTC Competition Director Richard G. Parker described several potential causes for the increases and assured Congress that...
The Federal Trade Commission today announced the following action: Application for approval of transaction:
Presenting Federal Trade Commission testimony today before the House of Representatives' Commerce Committee regarding recent gasoline price increases in the Midwest, FTC Chairman Robert Pitofsky described several potential causes for the increases and assured Congress that the Commission's...
Pitofsky issued the following statement today on Capitol Hill:
The Commission has approved the amendment of a complaint against the following: Advanced Public Communications Corporation. The original complaint in this matter was issued as part of the law enforcement initiative called Project Biz-illion$, and concerned allegedly deceptive practices in the...

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