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Review of Exxon/Mobil Merger to Focus on Competitive Effects and Risks to Consumers: FTC
FTC Releases Statements on BP/Amoco Case
Shell Oil Company and Tejas Energy, LL
The consent order requires Shell Oil and its Tejas Energy, LLC, subsidiary, to divest parts of the ANR pipeline system in Oklahoma and Texas to settle charges that its acquisition of gas gathering assets of The Coastal Corporation would lead to anticompetitive increases in gas gathering rates and an overall reduction in gas drilling and production in the two states.
BP/AMOCO Agree to Divest Gas Stations and Terminals to Satisfy FTC Antitrust Concerns
Exxon Corporation, The Shell Petroleum Company Limited, and Shell Oil Company, In the Matter of
Exxon will divest its viscosity index improver business to Chevron Chemical Company LLC to settle allegations that its proposed joint venture with Royal Dutch Shell to develop, manufacture and sell their fuel and lubricants additives would reduce competition and lead to collusion among the remaining firms in the market.
Shell Oil Company to Divest Parts of Gas Pipeline System in Oklahoma and Texas to Resolve FTC Competition Concerns over ANR Acquisition
Exxon, Royal Dutch Shell Settle FTC Charges
PacifiCorp, In the Matter of
The Commission withdrew a proposed consent agreement that settled allegations that PacifiCorp's proposed acquisition of The Energy Group PLC would lead to increases in wholesale and retail electricity prices in the United States. During the comment period PacificCorp withdrew its bid after the Texas Utilities Company announced a competing tender offer for The Energy Group.
Announced Actions for April 22, 1998
Shell Oil Company and Texaco Inc.
Shell Oil and Texaco settled allegations that their proposed joint venture would reduce competition and could raise prices for gasoline in Hawaii, California, and Washington and the price of asphalt in California. The consent order requires Shell to divest a package of assets, including Shell's Anacortes, Washington refinery; a terminal and retail gasoline stations in Oahu, Hawaii and retail gas stations, and a pipeline in California.
Shell Texaco to Divest Assests to Settle FTC Charges
FTC Finalizes Exxon Settlement
Exxon Settles FTC charges: Ground-breaking Educational Ad Campaign Ordered
Phillips Petroleum Company
Consent order settles charges that the acquisition of gas gathering assets from ANR Pipeline Company would reduce competition for natural gas gathering services in five Oklahoma counties. The order permits the acquisition but requires the divestiture of 160 miles of pipeline system in the Anadarko Basin within 30 days to a Commission-approved buyer.
Phillilps Petroleum To Divest Parts of Gas Pipeline System in Oklahoma To Resolve FTC Competition Concerns over ANR Acquisition
NGC Corporation
FTC Has Repealed its Used Oil Rule
Ads for Exxon Gasoline are Deceptive, FTC Charges
AMOCO to Settle FTC Charges Over "Crystal Clear" Ad Campaign
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