The Federal Trade Commission has issued its 2017 Report on Ethanol Market Concentration, an annual report required by the Energy Policy Act of 2005 “to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.”
As in prior years, the 2017 report concludes that “the low level of concentration and large number of market participants in the U.S. ethanol production industry continue to suggest that the exercise of market power to set prices, or to coordinate on price and output levels, is unlikely.”
The Commission vote to approve the report was 2-0. (FTC File No. P063000; the staff contact is Steven Couper, Bureau of Competition, 202-326-3349).
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about consumer topics and file a consumer complaint online or by calling 1-877-FTC-HELP (382-4357). Like the FTC on Facebook, follow us on Twitter, read our blogs and subscribe to press releases for the latest FTC news and resources.
WASHINGTON – This week, the U.S. Department of the Treasury’s Federal Insurance Office (FIO) hosted…
140,803 Taxpayers Filed Their Taxes Directly with the IRS for Free as users claimed more…
WASHINGTON—Acting Comptroller of the Currency Michael J. Hsu today issued the following statement at the…
WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is…
New Inflation Reduction Act Provision Broadens Access and Boosts Return on Clean Energy Tax CreditsWashington,…
As Prepared for DeliveryThank you all for coming together today for this important discussion. I am…