Final FTC order settling AmeriGas-Energy Transfer Partners deal remains unmodified

Feb 28, 2012

The FTC has voted 4-0 not to modify a final order settling charges against AmeriGas' proposed acquisition of its rival, Heritage Propane. The order excludes from the sale Heritage Propane Express, a cylinder exchange business, thereby preserving it as a competitor. AmeriGas is the country's largest propane distributor; Heritage Propane is owned by Energy Transfer Partners. The FTC had found that the acquisition would raise prices for propane exchange cylinders.

Source: FTC Press Release

Links to Full Content


Post your comment

You can't post comments until you have logged in. Please login here or register.


No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments