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Mississippi River Fuel Corporation

68 F.T.C. 1203 · Docket 8657 · Decided · Final order or decision

Citation
68 F.T.C. 1203
Docket
8657
Decision
Document type
Final order or decision
Case type
Unclassified
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Mississippi River Fuel Corporation, 68 F.T.C. 1203 (1965). Consumer Law Library, https://consumerlawlibrary.org/decisions/v068-0090s1s6

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MISSISSIPPI RIVER FUEL CORPORATION

Docket 8657. Order. Oct. 14. 1965 Order denying respondent's ' motion to reconsider a previous order of the Commission denying suspension of the complaint.

ORDER DENYING MOTION TO RECONSIOER REFUSAL

TO SUSPEND COMPLAINT

By its motion filed October 4, 1965, respondent requests that the Commission reconsider suspension of this proceeding. The motion renews the request previously denied by the Commission by order dated April 14, 1965 (67 F. C. 1363J. Respondent's motion sets forth no facts justifying reconsideration of the Commission's action. While respondent cites recent merger activity in this industry as further evidence of the need for industrywide proceedings, the Commission, in denying respondent' s earlier motion, noted that in issuing this complaint it had reason to believe "that the challenged acquisitions endangered competition in the market affected; and the ileffects of such specific acquisitions, if found ilegal, could not be dissipated merely by a nonadjudicatory, industrywide inquiry of the kind projected by the Commission. " Accordingly,

It is ordered That the motion of respondent in the above-captioned proceeding to reconsider denial of the previous application for suspension of the complaint in this proceeding be, and it hereby is denied.

← 68 F.T.C. 1200 · 68 F.T.C. 1204 →