FTC Should Up Oil Industry Post-Merger Analysis: GAO

Law360, New York (September 29, 2008, 12:00 AM EDT) -- The U.S. Federal Trade Commission should conduct more regular analyses of past petroleum industry mergers in order to enhance its effectiveness in maintaining competition in America's petroleum industry, according to a new report by the Government Accountability Office.

While the FTC reviews evidence and considers a number of competitive factors to predict a merger’s potential effects on competition in its analyses of proposed mergers, it does not regularly look back at past merger decisions to assess the actual effects of the merger on competition or prices...
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