Topic:  Exxon, Mobil

Commission action regarding applications for approval:

Following a public comment period, the Commission has ruled on an application for approval of a divestiture from the following: Exxon Mobil Corporation. The application concerns the proposed divestiture of Exxon's jet turbine oil business to British Petroleum Exploration & Oil Company, as required by the Commission's proposed decision and order in Docket No. C-3907. The Commission vote to approve the application was 4-0, with Commissioner Thomas B. Leary not participating. (FTC File No. 991-0077; Docket No. C-3907; staff contact is Daniel P. Ducore, 202-326-2526; see press release dated November 30, 1999.)

Copies of the documents mentioned in this release are available from the FTC's Web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 600 Pennsylvania Avenue, N.W., Washington, D.C. 20580. The FTC works for the consumer to prevent fraudulent, deceptive and unfair business practices in the marketplace and to provide information to help consumers spot, stop and avoid them. To file a complaint, or to get free information on any of 150 consumer topics, call toll-free, 1-877-FTC-HELP (1-877-382-4357), or use the complaint form at https://www.ftc.gov/ftc/complaint.htm. The FTC enters Internet, telemarketing and other fraud-related complaints into Consumer Sentinel, a secure, online database available to hundreds of civil and criminal law enforcement agencies worldwide.

Media Contact:

Office of Public Affairs
202-326-2180

Office of Public Affairs

202-326-2180