[Federal Register Volume 62, Number 240 (Monday, December 15, 1997)]
[Notices]
[Page 65707]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-32638]


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FEDERAL TRADE COMMISSION

[Dkt. C-3728]


Phillips Petroleum Company; Prohibited Trade Practices, and 
Affirmative Corrective Actions

AGENCY: Federal Trade Commission.

ACTION: Consent order.

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SUMMARY: In settlement of alleged violations of federal law prohibiting 
unfair or deceptive acts or practices and unfair methods of 
competition, this consent order requires, among other things, the 
Oklahoma-based corporation to divest approximately 160 miles of 
pipeline belonging to ANR Pipeline Company and Phillips in the Anadarko 
Basin area, and to maintain the assets in their current condition and 
to provide customers under the contract with ANR with gathering 
services at existing terms and conditions pending divestiture. The 
consent order also requires Phillips, for ten years, to notify the 
Commission before acquiring during any 18-month period more than five 
miles of gas gathering pipelines in the specified areas of the Oklahoma 
counties.

DATES: Complaint and Order issued March 28, 1997.\1\

    \1\ Copies of the Complaint and the Decision and Order are 
available from the Commission's Public Reference Branch, H-130, 600 
Pennsylvania Avenue, NW., Washington, DC 20580.
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FOR FURTHER INFORMATION CONTACT:
George Cary, FTC/H-374, Washington, DC 20580. (202) 326-3741.

SUPPLEMENTARY INFORMATION: On Friday, January 10, 1997, there was 
published in the Federal Register, 62 FR 1459, a proposed consent 
agreement with analysis In the Matter of Phillips Petroleum Company, 
for the purpose of soliciting public comment. Interested parties were 
given sixty (60) days in which to submit comments, suggestions or 
objections regarding the proposed form of the order.
    No comments have been received, the Commission has ordered the 
issuance of the complaint in the form contemplated by the agreement, 
made its jurisdictional findings and entered an order to divest, as set 
forth in the proposed consent agreement, in disposition of this 
proceeding.

    (Sec. 6, 38 Stat. 721; 15 U.S.C. 46. Interpret or apply sec. 5, 
38 Stat. 719, as amended; sec. 7, 38 Stat. 731, as amended; 15 
U.S.C. 45, 18)
Benjamin I. Berman,
Acting Secretary.
[FR Doc. 97-32638 Filed 12-12-97; 8:45 am]
BILLING CODE 6750-01-M