FTC Approves BASF’s Application to Extend Manufacturing Agreement Related to 2009 Acquisition of Ciba; FTC Approves ConocoPhillips’ Application to Modify Final Commission Order and to Amend Licensing Agreements with Holly Corp.
The Federal Trade Commission has approved an application by global chemical company BASF SE to extend a manufacturing agreement, entered into in compliance with a 2009 settlement order, which imposed certain requirements on BASF’s acquisition of rival Ciba Holding, Inc.
The Federal Trade Commission has approved an application by ConocoPhillips to reopen and modify a final FTC order that settled the agency’s competition concerns arising from Conoco Inc.’s 2002 merger with Phillips Petroleum Company.
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