FTC To Probe Oil Industry Over Renewable Fuels Competition

Law360, New York (August 23, 2013, 5:20 PM EDT) -- The Federal Trade Commission agreed in a letter released Thursday to investigate potentially anti-competitive activity in the oil and gas sector after a pair of senators expressed concern that some companies could be blocking consumer access to renewable fuels.

In a letter dated Monday  but released Thursday by Sens. Amy Klobuchar, D-Minn., and Chuck Grassley, R-Iowa, FTC Chairwoman Edith Ramirez said the agency will pursue the allegations flagged by the senators and continue its efforts under various oil  and natural gas initiatives still in place....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.