The U.S. FTC imposes conduct remedies, such as refraining from bringing suit against violations of its patents that were misrepresented to a standard-setting organization, before granting approval to a merger in the gasoline industry (Chevron / Unocal)

On August 2, following a public comment period, the Federal Trade Commission approved the issuance of two consent orders that separately resolved (1) its 2003 monopolization complaint against Union Oil Company of California ( Unocal ) alleging anticompetitive abuses of the regulatory process related to the California Air Resources Boards (CARB) reformulated gasoline regulations, and (2) its competitive concerns regarding the proposed acquisition of Unocal by Chevron Corporation. See FTC Statement, In re Union Oil Co. of Cal., Docket No. 9305 and In re Chevron Corp., File

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James J. O'Connell, The U.S. FTC imposes conduct remedies, such as refraining from bringing suit against violations of its patents that were misrepresented to a standard-setting organization, before granting approval to a merger in the gasoline industry (Chevron / Unocal), 27 July 2005, e-Competitions Bulletin Energy & Mergers, Art. N° 53262

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