The Crittenden Automotive Library

Topics: Chevron, Texaco

Announced Actions for March 15, 2002

Agency: Federal Trade Commission
Date: 15 March 2002
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The Commission has received an application from ChevronTexaco Corp. (ChevronTexaco) regarding the FTC's decision and order contained in the consent agreement accepted on September 7, 2001 that conditionally allowed the merger of the two companies. Under the terms of the order, which is available on the FTC's Web site, Chevron and Texaco are required to divest ChevronTexaco's interest in the Enterprise Fractionating Plant. Through this application, the company has requested approval to sell this interest to Enterprise Products Operation L.P. The Commission is accepting public comments on the application until April 15, 2002, after which it will vote on whether to approve it. Comments should be sent to: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington, D.C. 20580. (FTC File No. 011-0011; Docket No. C-4023; staff contact is Daniel P. Ducore, Bureau of Competition, 202-326-2526; see press releases dated September 7, and December 18, 2001; and January 4, February 8,, and March 12, 2002.)

Commission approval to reopen and modify an existing order:

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.

Media Contact:

Office of Public Affairs
202-326-2180