Following a public comment period, the Federal Trade Commission has approved a final order settling charges that NEXUS Gas Transmission, LLC’s acquisition of Generation Pipeline LLC would likely harm competition to provide natural gas pipeline transportation in a three-county area. NEXUS is a joint venture between DTE Energy Company and Enbridge Inc. The complaint, which […]
Tag Archives: Energy Bureau of Competition Competition Merger
FTC Puts Conditions on NEXUS Gas Transmission, LLC’s Acquisition of Generation Pipeline LLC
Joint venture NEXUS Gas Transmission, LLC, and its member companies, DTE Energy Company and Enbridge Inc., will settle Federal Trade Commission charges that the joint venture’s acquisition of an Ohio pipeline would likely harm competition to provide natural gas pipeline transportation in a three-county area that includes Toledo, Ohio. According to the FTC’s complaint, NEXUS, which […]
FTC Puts Conditions on Merger of Energy Transfer Equity, L.P., and The Williams Companies, Inc.
Energy companies Energy Transfer Equity, L.P. (“ETE”), and The Williams Companies, Inc., will divest Williams’ interest in an interstate natural gas pipeline to settle Federal Trade Commission charges that ETE’s proposed acquisition of Williams would likely harm competition in Florida. According to the FTC’s complaint, the proposed merger, initially valued at $37.7 billion, would have […]