Ethanol Industry Remains Competitive Despite Merger, FTC Says

摘要

The U.S. ethanol industry is still competitive in 2021 because of the large number of domestic producers and imported ethanol products, the FTC said.As in prior years, an anticompetitive scheme to fix prices or output levels is unlikely, the Federal Trade Commission said in a report released Wednesday.A merger of two ethanol producers brought the newly formed company’s market share up to 17% in 2021, the report found. The result was slightly higher concentration among the morethan 100 U.S. ethanol companies than in 2020, when the most dominant company had a 12% market share, the FTC said.