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Topic: Ethanol
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| Agency: Federal Trade Commission
Date: 2 December 2005 [Non-automotive content removed.] |
The study also concludes that the likelihood of anticompetitive conduct is even lower than the production concentration levels might suggest because significant new entry in ethanol production and marketing will occur in the next year and is expected to continue for several more years. Furthermore, the likelihood of anticompetitive behavior would be even lower if ethanol is considered part of a larger antitrust product market that includes gasoline or certain gasoline blendstocks. The study, which is available now on the Commission’s Web site and as a link to this press release, was submitted to Congress and the Administrator of the U.S. Environmental Protection Agency, as required by Section 1501(a)(2) of the Energy Policy Act of 2005, as codified at 42 U.S.C. Sec. 7545(o)(10). Similar studies will be produced annually.
The Commission vote to issue the study, which was prepared by the staff of the Bureaus of Competition and Economics, was 4-0. (FTC File No. 051-0242; the staff contact is John Seesel, Associate General Counsel for Energy, Office of the General Counsel, 202-326-2702.)
Publication of Federal Register notice: The Commission has authorized the publication of a Federal Register notice announcing a final amendment to the Rules and Regulations under the Textile Fiber Products Identification Act, 16 C.F.R. Part 303. According to the notice, which will be published shortly and can be found on the FTC’s Web site and as a link to this press release, the Miscellaneous Trade and Technical Corrections Act of 2004, enacted on December 3, 2004, amended the Textile Act, 15 U.S.C. § 70, to impose new requirements for the disclosure of country of origin information on socks. After the effective date of the amendment, March 3,
2006, the country of origin must be placed on the front of the package for most kinds of socks. Accordingly, the FTC has amended its Textile Rules to incorporate this statutory change.
The Commission vote approving the amendment and publication of the Federal Register notice was 4-0. (FTC File No. P94804; the staff contact is Carol J. Jennings, Bureau of Consumer Protection, 202-326-3010.)
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, DC 20580. Call toll-free: 1-877-FTC-HELP.