FTC Approves Chevron’s Acquisition Of Unocal On Condition Of Release Of Patent Rights To CARB Reformulated Gasoline* The Federal Trade Commission has proposed consent orders that will approve Chevron’s acquisition of the voting securities of Unocal, which will then merge into a Chevron subsidiary, and continue as a single entity. In Re Chevron Corp., FTC, File No. 051 0125, 6/10/05. The consent orders require Chevron to release all of its patent rights to CARB reformulated gasoline, required in the California market.
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