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Casey's General Stores, In the Matter of

C-4742 | Federal Trade Commission

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Filed April 28, 2021
Case Flags Competition, Bureau of Competition, Merger, Horizontal, local markets, retailing, Energy, Gasoline, and Retail
FTC Matter/File Number 221 0028
Case Summary
Casey’s General Stores, Inc., Buck’s Intermediate Holdings, LLC, and Steven Buchanan agreed to divest retail fuel assets in local gasoline and diesel fuel markets across two states to settle Federal Trade Commission charges that Casey’s proposed acquisition would violate federal antitrust law. The complaint alleges that the acquisition as proposed would harm competition for retail sale of gasoline in seven local markets in Nebraska and Iowa. Under the terms of the proposed consent order, Casey’s is required to divest six retail fuel outlets, three Casey’s outlets and three Bucky’s outlets, to Western Oil II, LLC and its affiliate Danco II, LLC within 10 days after Casey’s completes the acquisition. On June 9, 2021 the Commission announced the final consent agreement in this matter.
Case Type Administrative
Status Closed
Last Updated: 18 hours ago
Filing Date # Docket Text