Increasing Focus On Competition In Energy Markets
The proposed acquisition, which is valued at approximately $1.4 billion, would combine two of the five bulk suppliers of light petroleum products to northern New Mexico.
The FTC voted 5-0 to initiate the complaint and the agency’s staff has been authorized to seek a preliminary injunction and temporary restraining order.
In the complaint, the Commission alleges that consummation of the merger...
To view the full article, register now.