The Federal Trade Commission has approved an application by Alimentation Couche-Tard Inc., or ACT, to divest two retail fuel stations in Alabama, as required under the FTC’s Jan. 5, 2018, order settling charges that ACT’s acquisition of competitor Jet-Pep, Inc. would violate federal antitrust law.
The application requests the FTC to approve the divestiture of the two retail fuel stations located in Brewton and Monroeville, Alabama to Marketplace Development LLC, or Marketplace. The application notes that Marketplace has extensive experience operating retail fuel stations.
The Commission vote to approve the application was 5-0. (FTC File No. 1710207; the staff contact is Elizabeth Piotrowski, Bureau of Competition, 202-326-2623.)
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about how competition benefits consumers or file an antitrust complaint. Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.
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