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FTC Requires Retail Fuel Station and Convenience Store Operator Alimentation Couche-Tard Inc. and its affiliate CrossAmerica Partners LP to Divest 10 Fuel Stations in Minnesota and Wisconsin as a Condition of Acquiring Holiday Companies
FTC Requires Retail Fuel Station and Convenience Store Operator Alimentation Couche-Tard Inc. to Divest 3 Fuel Stations in Alabama as a Condition of Acquiring Jet-Pep, Inc.
FTC Issues Annual Report On Ethanol Market Concentration 2017
FTC Approves Final Order Requiring Divestitures of Retail Fuel Stations and Convenience Stores Related to Alimentation Couche-Tard Inc.’s Merger with Competitor CST Brands, Inc.
Alimentation Couche-Tard and CST Brands, In the Matter of
Alimentation Couche-Tard Inc. agreed to divest up to 71 retail fuel stations with convenience stores to Empire Petroleum Partners in order to settle charges that ACT’s proposed $4.4 billion acquisition of competitor CST Brands, Inc. would violate federal antitrust law. The divestiture order requires ACT to divest 70 CST fuel stations to Empire, and to give Empire the option of acquiring an additional location owned by ACT. The fuel stations to be divested are in Arizona, Colorado, Florida, Georgia, Louisiana, New Mexico, Ohio, and Texas. According to the complaint, the geographic markets for the retail sale of gasoline and diesel are localized, generally ranging from a few blocks to a few miles. The complaint alleges that without a remedy the merger would significantly increase market concentration for the retail sales of gasoline or diesel in each of the 71 local markets, resulting in a monopoly in ten markets and reducing the number of competitors in the rest to two or three.
FTC Requires Retail Fuel Station and Convenience Store Operator Alimentation Couche-Tard Inc. to Divest up to 71 Fuel Stations as a Condition of Merger with Competitor CST Brands, Inc.
Report to Congress on Ethanol Market Concentration (November 2016)
FTC Issues Annual Report On Ethanol Market Concentration
FTC Closes Investigation into Merger of Energy Transfer Equity, L.P., and The Williams Companies, Inc.
FTC Approves Final Order Preserving Competition in Three Pennsylvania Terminal Markets for Light Petroleum Products
FTC Requires Energy Investor ArcLight Energy Partners Fund to Divest Assets as a Condition of Acquiring Gulf Oil Limited Partnership from Cumberland Farms, Inc.
FTC Issues Annual Report On Ethanol Market Concentration
Report to Congress on Ethanol Market Concentration (December 2015)
Simulating a Homogeneous Product Merger: A Case Study on Model Fit and Performance
FTC Puts Conditions on Par Petroleum Corporation’s Acquisition of Mid Pac Petroleum, LLC
FTC’s 2014 Report Finds U.S. Ethanol Market Remains Unconcentrated
Tax Pass-Through in Gasoline and Diesel Fuel: The 2003 Washington State Nickel Funding Package Increase
The Impact of Outages on Prices and Investment in the US Oil Refining Industry
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