By Bryan Koenig (September 21, 2021, 6:25 PM EDT) -- The Federal Trade Commission signaled Tuesday it will take a much tougher approach toward tie-ups involving wholesale and retail gasoline companies and warned that previous merger clearance settlements may have created "conditions ripe for price coordination."
In a blog post, acting Competition Bureau chief Holly Vedova built on a letter Chair Lina Khan sent the White House last month in which Khan expressed concern that the FTC's approach in recent years to reviewing mergers "has enabled significant consolidation, particularly when it comes to retail fuel outlets."
Vedova, like Khan before her, argued that simply requiring merging companies to shed diesel and...
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