FTC Closes Its Investigation Into Hilcorp Alaska’s Proposed Acquisition of Marathon Alaska’s Natural Gas Production, Transmission, and Storage Assets
For Your Information: 11/07/2012
The Federal Trade Commission has closed its nonpublic investigation of Hilcorp Alaska LLC’s proposed acquisition of Marathon Alaska LLC’s Cook Inlet, Alaska, natural gas production, storage, and pipeline assets without taking any action, and the Commission has issued a related statement.
The Commission vote to close the investigation was 5-0. The closing letters to the companies can be found on the FTC’s website and as a link to this press release. (FTC File No. 102-0113; the staff contact is Cathlin Tully, 202-326-3644.)
The FTC’s Bureau of Competition works with the Bureau of Economics to investigate alleged anticompetitive business practices and, when appropriate, recommends that the Commission take law enforcement action. To inform the Bureau about particular business practices, call 202-326-3300, send an e-mail to antitrust@ftc.gov, or write to the Office of Policy and Coordination, Bureau of Competition, Federal Trade Commission, 601 New Jersey Ave., Room 7117, Washington, DC 20001. To learn more about the Bureau of Competition, read Competition Counts. Like the FTC on Facebook, follow us on Twitter, and subscribe to press releases for the latest FTC news and resources.
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