Tag: Energy
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The Federal Trade Commission today issued a Revised Notice of Proposed Rulemaking (RNPRM) seeking public comment on a revised proposed rule that would prohibit market manipulation in the petroleum industry. The revised proposed rule would prohibit anyone from engaging in fraud or deceit in...
The Commission has issued the report, “2008 Report on Ethanol Market Concentration.” This is the Commission’s fourth annual report on the state of ethanol production in the United States, as required by the Energy Policy Act of 2005. The report concludes that the U.S. fuel ethanol market, measured...
The Commission issued an administrative complaint to block CCS Corporation’s proposed $85 million acquisition of Newpark Environmental Services. According to the complaint, the proposed transaction was anticompetitive because it would consolidate two of the leading providers of waste...
The Federal Trade Commission today announced a unanimous vote to issue an administrative complaint challenging the proposed $85 million acquisition of Newpark Environmental Services by CCS Corporation, and to authorize staff to file a complaint in federal district court seeking a temporary...
– The Commission today announced an extension of the public comment period for the recently issued Notice of Proposed Rulemaking (NPRM) on petroleum industry market manipulation. The Commission posted the NPRM on the FTC’s Web site on August 13, 2008. The NPRM announced that public comments on the...
The Federal Trade Commission will host a workshop in Washington, DC, following the close of the Notice of Proposed Rulemaking (NPRM) comment period for its ongoing petroleum market manipulation rulemaking. The one-day workshop will be free and open to the public. Parties interested in participating...
The Federal Trade Commission today issued a Notice of Proposed Rulemaking (NPRM) seeking public comments on a proposed rule prohibiting market manipulation in the petroleum industry. The NPRM will assist the Commission in determining whether, and in what ways, it should develop a final rule. The...
Commission extension of public comment period – The Commission today announced the extension of the public comment period related to the Petroleum Industry Marketing Manipulation Advance Notice of Proposed Rulemaking (ANPR) Proceeding. The comment period will be extended until June 23, 2008. On May...
Exercising the authority provided by Congress under the Energy Independence and Security Act of 2007 (EISA), the Federal Trade Commission today announced the approval of an Advance Notice of Proposed Rulemaking (ANPR) to solicit public comments on the appropriate way to interpret and enforce the...
In light of the parties’ abandonment of their proposed transaction, the Federal Trade Commission today announced its approval and issuance of an order dismissing the agency’s 2007 administrative complaint challenging Equitable Resources, Inc.’s (Equitable) proposed acquisition of The Peoples...
Issuance of Commission report: The Commission has issued a study, “2007 Report on Ethanol Market Concentration,” its third annual report on the state of ethanol production in the United States, as required by the Energy Policy Act of 2005. On the assumption that U.S. fuel ethanol is a relevant...
The Federal Trade Commission today announced it will not continue with administrative litigation challenging Western Refining, Inc.’s acquisition of Giant Industries, Inc. The vote to dismiss the administrative complaint was 3-2, with the Commission majority issuing a statement explaining its...
In a paper in the March 2004 AER, Justine Hastings concludes that the acquisition of an independent gasoline retailer, Thrifty, by a vertically integrated firm, ARCO, is associated with sizable price increases at competing stations. To better understand the novel mechanism to which...
Market factors explain increases in the national average retail price for gasoline during the spring and summer of 2006, according to a report sent to the President today by the Federal Trade Commission and the U.S. Department of Justice’s Antitrust Division.
