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Global Partners agrees to divest seven retail gasoline, diesel stations in Connecticut

( December 20, 2021, 20:25 GMT | Official Statement) -- MLex Summary: Global Partners and Richard Wiehl have agreed to divest to Petroleum Marketing Investment Group seven stores that sell gasoline and diesel fuel in five local markets in Connecticut to settle US Federal Trade Commission allegations that Global’s proposed acquisition of 27 retail gasoline and diesel outlets owned or operated by Wiehl violates federal antitrust laws. The FTC alleged that the acquisition will harm competition for the retail sale of gasoline in and around the Connecticut towns and cities of Fairfield, Bethel, Milford, Wilton, and Shelton and competition for the retail sale of diesel fuel in all the areas except Wilton.Statement and document follow below:...

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