FTC digs deeper into Shell, Pennzoil merger

摘要

New York-The Federal Trade Commission in seeking deeper insight into Shell's pending takeover of Pennzoil-Quaker State and may concentrate on GR2 base oils. The FTC filed a request on May 20 for additional information from both Pennzoil and Shell. While the government's official goal is confidential, independent lube producers are concerned the merger will give more lubes market share to oil majors.