Commission approval proposed divestiture: The Commission has approved a proposed divestiture from Enterprise Products Partners L.P. (Enterprise) and Dan L. Duncan related to the FTC’s decision and order concerning the merger of Enterprise and GulfTerra Energy Partners. Under the terms of the order, Enterprise is required to divest by March 31, 2005, either its 100 percent interest in the High Island Offshore System and its accompanying East Breaks lateral or its 50 percent interest in the Starfish Pipeline Company, LLC, owner of the Stingray/Triton pipeline system in the Western Gulf of Mexico offshore. Through a petition filed in January 2005, Enterprise and Duncan requested Commission approval to divest Enterprise’s Starfish Pipeline Interest to MarkWest Energy Partners, L.P. (MarkWest) to meet the terms of the order.
The Commission vote to approve the proposed divestiture to MarkWest was 5-0. (FTC File No. 041-0039, Docket No. C-4123; the staff contact is Daniel P. Ducore, Bureau of Competition, 202-326-2526; see press releases dated September 30, November 5, and November 26, 2004; and January 4 and February 1, 2005.)
Commission approval of Federal Register notice: As part of the FTC’s Regulatory Reform Project, the Commission has authorized the publication of a Federal Register notice related to the overall costs, benefits, and regulatory impact of the Picture Tube Rule, which concerns deceptive advertising of the sizes of viewable pictures shown by television sets. The Rule, which was promulgated in 1966, describes the appropriate way to disclose the size of a television screen in advertisements or promotional materials for television sets. The purpose of the Rule is to establish uniformity in measuring television screens to help consumers comparison shop for televisions.
As detailed in the Federal Register notice, which will be published shortly and can be found as a link to this press release on the FTC’s website, the FTC is reviewing the Rule as part of its systematic review of current Commission rules and regulations. The FTC is seeking written comments from the public on the applicability and use of the Rule, particularly in light of an array of new types of televisions now available to consumers. The notice also contains nine specific questions about the Rule that the public may wish to address, and provides both written and e-mail contact information for consumers who want to submit comments.
The Commission vote authorizing the publication of the Federal Register notice was 5-0. (FTC File No. P924214; the staff contact is Neil Blickman, Bureau of Consumer Protection, 202-326-3038.)
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, DC 20580. Call toll-free: 1-877-FTC-HELP.