Topics: Exxon, Mobil
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Agency: Federal Trade Commission
Date: 7 December 2001 [Non-automotive content removed.] |
The FTC has received an application from Exxon Mobil Corporation (Exxon Mobil) requesting prior approval to supplement Appendix B of the Commission’s order relating to the merger of Exxon Corporation and Mobil Corporation. (The order was publicly announced on November 30, 1999.) Pursuant to Paragraph XII of the order, Exxon Mobil divested to BP Exploration & Oil Inc. (BP) the jet turbine oil business of Exxon Corporation, including the "sole and exclusive worldwide perpetual royalty-free license to practice in the field of jet turbine oils," the patents listed in Appendix B of the order. Paragraph XII.B.13. of the order requires that, within one year of the divestiture and subject to Commission approval, Exxon Mobil supplement Appendix B with certain additional patents at the request of the acquirer of the jet turbine oil business. Exxon claims that BP has requested that two additional U.S. patents (and their foreign equivalents) be included in Appendix B; Exxon is now seeking Commission approval of their inclusion.
The Commission is seeking public comment on the application for 30 days, until January 7, 2002. However, this may be modified, as the company has requested a waiver of this time period. Comments should be sent to the Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, D.C. 20580. (FTC File No. 991-0077; Docket No. C-3907; staff contact is Daniel P. Ducore, 202-326-2526; see press releases dated November 30 and December 22, 1999; January 21, February 4, March 1, March 24, March 31, April 18, April 25, May 2, May 12, May 19, July 7, July 18, October 6, and December 19, 2000; and January 30, 2001.)
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. Call toll-free: 1-877-FTC-HELP.