Announced Actions for January 16, 1998

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Commission action regarding petitions to reopen and modify or set aside orders. Following a public comment period, the FTC has ruled on a petition from the following:

  • The Commission has agreed to modify an order with Montedison SPA. The FTC's action eliminates the prior approval provision in the order and substitutes a limited prior notice provision for certain acquisitions. The 1995 order with the company required Montedison and the Royal Dutch/Shell Group of Companies to divest Shell's U.S. polypropylene business to settle charges that the formation of Montell Polyolefins, a $6 billion joint venture between the companies, could substantially reduce competition in several polypropylene and polypropylene-related production and licensing markets, and reduce U.S. export sales. (See news release dated June 1, 1995; Docket No. C-3580; Commission vote to approve the petition was 3-0, with Commissioner Mozelle W. Thompson and Commissioner Orson Swindle not participating.) Staff contact is Daniel P. Ducore, 202-326-2526.

Copies of the documents referenced above are available from the FTC's web site at and also from the FTC's Public Reference Branch, Room 130, 6th Street and Pennsylvania Avenue, N.W., Washington, D.C. 20580; 202-326-2222; TTY 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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