The Federal Trade Commission released a report Tuesday that found an unconcentrated ethanol market in the nation, the same conclusion the FTC has found since the regulator began issuing such reports in 2005.
According to the authority, 156 companies either currently or will soon produce ethanol in the next 12 to 18 months. The largest of those companies holds just 10.9 percent of the market share, according to the report.
The findings suggest that the risk for price-fixing, market manipulation and various other forms of anticompetitive collusion are low thanks to a high number of competitors. Further, the FTC found, the low barrier to entry of ethanol importation further lowers such risks.
Full Content: 4-Traders
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Uruguayan Antitrust Scrutiny Puts Major Meatpacking Deal Between Marfrig and Minerva on Hold
May 19, 2024 by
CPI
Alaska Airlines Seeks Dismissal of Consumer Lawsuit Over $1.9 Billion Hawaiian Airlines Buy
May 19, 2024 by
CPI
Idaho Attorney General Orders Split of Kootenai Health and Syringa Hospital
May 19, 2024 by
CPI
Court Rejects T-Mobile’s Appeal Bid in Antitrust Case Over Sprint Merger
May 19, 2024 by
CPI
Google Requests Judge, Not Jury, to Decide on Antitrust Case
May 19, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Ecosystems
May 9, 2024 by
CPI
Mapping Antitrust onto Digital Ecosystems
May 9, 2024 by
CPI
Ecosystems and Competition Law: A Law and Political Economy Approach
May 9, 2024 by
CPI
Ecosystem Theories of Harm: What is Beyond the Buzzword?
May 9, 2024 by
CPI
Open Ecosystems: Benefits, Challenges, and Implications for Antitrust
May 9, 2024 by
CPI