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The Federal Trade Commission has accepted a proposed consent order that would remedy the likely anticompetitive effects of the proposed $27 billion merger of BP Amoco p.l.c. (BP Amoco) and Atlantic Richfield Company (ARCO). Under the terms of the order, BP Amoco would be required to divest all of...
The Federal Trade Commission announced today that it has accepted a proposed settlement of charges that Exxon Corporation's acquisition of Mobil Corporation would violate federal antitrust laws. The FTC alleged that the acquisition would significantly injure competition in the markets for refining...
Monier Lifetile LLC will sell production facilities in Arizona, California and Florida to CRH PLC to settle Federal Trade Commission charges that the formation of Monier Lifetile, a joint venture between Boral Ltd. and LaFarge S.A., violated antitrust laws by combining the two largest producers of...
Shell Oil Company and its subsidiary, Tejas Energy, LLC, have agreed to divest approximately 171 miles of their natural gas pipeline system in Oklahoma and Texas in order to settle Federal Trade Commission charges that the firms' acquisition of gas gathering assets of The Coastal Corporation...
The Federal Trade Commission today charged Boral Ltd. and LaFarge SA with violating federal antitrust laws by establishing a joint venture, Monier Lifetile LLC, that combined the concrete roofing tile (CRT) manufacturing divisions of the two largest producers of CRT in the United States. CRT is the...
The Federal Trade Commission has reached a settlement agreement with Royal Dutch Shell and Exxon over charges that their proposed joint venture to develop, manufacture, and sell viscosity index improver -- an essential motor oil additive -- would reduce competition and violate federal antitrust...
Shell Oil Company and Texaco, Inc., have agreed to divest a package of assets, including Shell's Anacortes, Washington, refinery; a Hawaiian terminal; and retail gasoline stations in Hawaii and in California, to settle Federal Trade Commission charges that their proposed joint venture could raise...
The Federal Trade Commission's Competition Director today applauded the federal district court opinion in the Staples and Office Depot case. "Consumers have won today," said William J. Baer, the Competition Director. "And competition has been preserved."
Phillips Petroleum Company has agreed to divest approximately 160 miles of its natural gas pipeline system in Oklahoma as part of a settlement with the Federal Trade Commission over the firm’s acquisition of gas-gathering assets from ANR Pipeline Company. The settlement would resolve FTC charges...
The Federal Trade Commission has given final approval to a consent agreement with Phillips Petroleum Company and Enron Corp., settling charges that Phillips' proposed acquisition of certain natural gas pipeline gathering systems owned by Enron subsidiaries would eliminate competition for natural...

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