DTE Energy Company; Analysis of Agreement Containing Consent Orders To Aid Public Comment, 52106-52108 [2019-21316]
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52106
Federal Register / Vol. 84, No. 190 / Tuesday, October 1, 2019 / Notices
EXPORT-IMPORT BANK OF THE
UNITED STATES
[Public Notice: 2019–6024]
Agency Information Collection
Activities: Comment Request
Export-Import Bank of the
United States
ACTION: New Submission for OMB
review and comments request.
AGENCY:
The Export-Import Bank of
the United States (EXIM Bank), as part
of its continuing effort to reduce
paperwork and respondent burden,
invites the general public and other
Federal Agencies to comment on the
proposed information collection, as
required by the Paperwork Reduction
Act of 1995.
DATES: Comments must be received on
or before December 2, 2019 to be
assured of consideration.
ADDRESSES: Comments may be
submitted electronically on
WWW.REGULATIONS.GOV or by mail
to Donna Schneider, Export-Import
Bank, 811 Vermont Ave. NW,
Washington, DC 20571.
SUPPLEMENTARY INFORMATION: EXIM
Bank’s borrowers, financial institution
policy holders and guaranteed lenders
provide form EIB 15–04 Exporter’s
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eligibility of their exports for EXIM
Bank support. For direct loans and loan
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EXIM Bank uses the referenced form
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The information collection tool can be
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Title and Form Number: EIB 15–04
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SUMMARY:
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Need and Use: The information
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FEDERAL TRADE COMMISSION
[File No. 191 0068]
DTE Energy Company; Analysis of
Agreement Containing Consent Orders
To Aid Public Comment
Federal Trade Commission.
Proposed consent agreement;
request for comment.
AGENCY:
ACTION:
SUMMARY: The consent agreement in this
matter settles alleged violations of
federal law prohibiting unfair methods
of competition. The attached Analysis of
Agreement Containing Consent Orders
to Aid Public Comment describes both
the allegations in the complaint and the
Government Expenses
terms of the consent orders—embodied
Reviewing time per year: 0.5 hours.
in the consent agreement—that would
Average Wages per Hour: $42.50.
settle these allegations.
Average Cost per Year: $21.25
DATES: Comments must be received on
(time*wages).
or before October 31, 2019.
Benefits and Overhead: 20%.
ADDRESSES: Interested parties may file
Total Government Cost: $25.5.
comments online or on paper, by
following the instructions in the
Bassam Doughman,
Request for Comment part of the
IT Project Manager, Office of the Chief
SUPPLEMENTARY INFORMATION section
Information Officer.
below. Write: ‘‘DTE Energy Company;
[FR Doc. 2019–21220 Filed 9–30–19; 8:45 am]
File No. 191 0068’’ on your comment,
BILLING CODE 6690–01–P
and file your comment online at https://
www.regulations.gov by following the
instructions on the web-based form. If
FEDERAL ELECTION COMMISSION
you prefer to file your comment on
paper, mail your comment to the
Sunshine Act Meeting
following address: Federal Trade
Commission, Office of the Secretary,
TIME AND DATE: Thursday, October 17,
600 Pennsylvania Avenue NW, Suite
2019 at 10:00 a.m.
CC–5610 (Annex D), Washington, DC
PLACE: 1050 First Street, NE,
20580, or deliver your comment to the
Washington, DC (12th Floor).
following address: Federal Trade
STATUS: This meeting will be open to the
Commission, Office of the Secretary,
public.
Constitution Center, 400 7th Street SW,
MATTERS TO BE CONSIDERED:
5th Floor, Suite 5610 (Annex D),
Draft Interpretive Rule Concerning
Washington, DC 20024.
Prohibited Activities Involving
FOR FURTHER INFORMATION CONTACT:
Foreign Nationals
Michael Blaisdell (202–326–3220),
Management and Administrative
Bureau of Competition, Federal Trade
Matters
Commission, 600 Pennsylvania Avenue
CONTACT PERSON FOR MORE INFORMATION: NW, Washington, DC 20580.
Judith Ingram, Press Officer, Telephone: SUPPLEMENTARY INFORMATION: Pursuant
to Section 6(f) of the Federal Trade
(202) 694–1220.
Commission Act, 15 U.S.C. 46(f), and
Individuals who plan to attend and
FTC Rule 2.34, 16 CFR 2.34, notice is
require special assistance, such as sign
hereby given that the above-captioned
language interpretation or other
consent agreement containing a consent
reasonable accommodations, should
order to cease and desist, having been
contact Laura E. Sinram, Acting
filed with and accepted, subject to final
Secretary and Clerk, at (202) 694–1040,
approval, by the Commission, has been
at least 72 hours prior to the meeting
placed on the public record for a period
date.
of thirty (30) days. The following
Authority: Government in the Sunshine
Analysis to Aid Public Comment
Act, 5 U.S.C. 552b.
describes the terms of the consent
Laura E. Sinram,
agreement and the allegations in the
Acting Secretary and Clerk of the
complaint. An electronic copy of the
Commission.
full text of the consent agreement
[FR Doc. 2019–21480 Filed 9–27–19; 4:15 pm]
package can be obtained from the FTC
Home Page (for September 13, 2019), on
BILLING CODE 6715–01–P
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Federal Register / Vol. 84, No. 190 / Tuesday, October 1, 2019 / Notices
the World Wide Web, at https://
www.ftc.gov/news-events/commissionactions.
You can file a comment online or on
paper. For the Commission to consider
your comment, we must receive it on or
before October 31, 2019. Write ‘‘DTE
Energy Company; File No. 191 0068’’ on
your comment. Your comment—
including your name and your state—
will be placed on the public record of
this proceeding, including, to the extent
practicable, on the https://
www.regulations.gov website.
Postal mail addressed to the
Commission is subject to delay due to
heightened security screening. As a
result, we encourage you to submit your
comments online through the https://
www.regulations.gov website.
If you prefer to file your comment on
paper, write ‘‘DTE Energy Company;
File No. 191 0068’’ on your comment
and on the envelope, and mail your
comment to the following address:
Federal Trade Commission, Office of the
Secretary, 600 Pennsylvania Avenue
NW, Suite CC–5610 (Annex D),
Washington, DC 20580; or deliver your
comment to the following address:
Federal Trade Commission, Office of the
Secretary, Constitution Center, 400 7th
Street SW, 5th Floor, Suite 5610 (Annex
D), Washington, DC 20024. If possible,
submit your paper comment to the
Commission by courier or overnight
service.
Because your comment will be placed
on the publicly accessible website at
https://www.regulations.gov, you are
solely responsible for making sure that
your comment does not include any
sensitive or confidential information. In
particular, your comment should not
include any sensitive personal
information, such as your or anyone
else’s Social Security number; date of
birth; driver’s license number or other
state identification number, or foreign
country equivalent; passport number;
financial account number; or credit or
debit card number. You are also solely
responsible for making sure that your
comment does not include any sensitive
health information, such as medical
records or other individually
identifiable health information. In
addition, your comment should not
include any ‘‘trade secret or any
commercial or financial information
which . . . is privileged or
confidential’’—as provided by Section
6(f) of the FTC Act, 15 U.S.C. 46(f), and
FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2)—
including in particular competitively
sensitive information such as costs,
sales statistics, inventories, formulas,
patterns, devices, manufacturing
processes, or customer names.
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18:10 Sep 30, 2019
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Comments containing material for
which confidential treatment is
requested must be filed in paper form,
must be clearly labeled ‘‘Confidential,’’
and must comply with FTC Rule 4.9(c).
In particular, the written request for
confidential treatment that accompanies
the comment must include the factual
and legal basis for the request, and must
identify the specific portions of the
comment to be withheld from the public
record. See FTC Rule 4.9(c). Your
comment will be kept confidential only
if the General Counsel grants your
request in accordance with the law and
the public interest. Once your comment
has been posted on the public FTC
website—as legally required by FTC
Rule 4.9(b)—we cannot redact or
remove your comment from the FTC
website, unless you submit a
confidentiality request that meets the
requirements for such treatment under
FTC Rule 4.9(c), and the General
Counsel grants that request.
Visit the FTC website at https://
www.ftc.gov to read this Notice and the
news release describing it. The FTC Act
and other laws that the Commission
administers permit the collection of
public comments to consider and use in
this proceeding, as appropriate. The
Commission will consider all timely
and responsive public comments that it
receives on or before October 31, 2019.
For information on the Commission’s
privacy policy, including routine uses
permitted by the Privacy Act, see
https://www.ftc.gov/site-information/
privacy-policy.
Analysis of Agreement Containing
Consent Orders To Aid Public Comment
I. Introduction
The Federal Trade Commission
(‘‘Commission’’) has accepted for public
comment, subject to final approval, an
Agreement Containing Consent Orders
(‘‘Consent Agreement’’) from DTE
Energy Company (‘‘DTE’’), Enbridge Inc.
(‘‘Enbridge’’), and NEXUS Gas
Transmission, LLC (‘‘Nexus’’)
(collectively, the ‘‘Respondents’’).
Nexus is a 50/50 joint venture between
DTE and Enbridge. The Consent
Agreement would remedy the
anticompetitive effects stemming from a
January 2019 transaction (the
‘‘Transaction’’) in which Nexus intends
to purchase Generation Pipeline LLC
(‘‘Generation’’) from a group of sellers
including North Coast Gas Transmission
LLC (‘‘NCGT’’).
Generation’s primary asset is a 23mile intrastate natural gas pipeline
serving the Toledo, Ohio area. NCGT
also owns another natural gas
transportation pipeline in Ohio (the
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52107
‘‘North Coast System’’), which includes
a spur running slightly east of Toledo,
and which Nexus is not acquiring. The
Transaction’s sale agreement prohibited
NCGT from competing to provide
natural gas pipeline transportation
within a restricted area encompassing
parts of Lucas, Ottawa, and Wood
counties in Ohio (the ‘‘Restricted Area’’)
for a period of three years post-closing
(the ‘‘Non-Compete’’). Under the terms
of the proposed Consent Agreement,
and to maintain competition in the
affected market post-merger,
Respondents are required to strike the
Non-Compete from the purchase
agreement and are prohibited from
entering similarly anticompetitive
agreements with their pipeline
competitors in this market.
At the time of the Transaction,
Generation and NCGT were two of a
small number of natural gas pipeline
transportation options capable of
serving customers in the Restricted
Area. The Commission’s Complaint
alleges that the Transaction violated
Section 7 of the Clayton Act, as
amended, 15 U.S.C. 18, and Section 5 of
the Federal Trade Commission Act, as
amended, 15 U.S.C. 45, by eliminating
actual and potential competition
between NCGT and any other pipeline
competitor in a market no broader than
the pipeline transportation of natural
gas to Lucas, Ottawa, and Wood
counties in Ohio.
The Commission has placed the
proposed Consent Agreement on the
public record for 30 days to solicit
comments from interested persons.
Comments received during this period
will become part of the public record.
After 30 days, the Commission will
again review the proposed Consent
Agreement and any comments received,
and will decide whether it should
withdraw from the Consent Agreement,
modify it, or make it final.
II. The Respondents
Respondent DTE Energy Company is
a corporation organized, existing, and
doing business under, and by virtue of,
the laws of the State of Michigan with
its executive offices and principal place
of business located at One Energy Plaza,
Detroit, Michigan 48226.
Respondent Enbridge Inc. is a
corporation organized, existing, and
doing business under, and by virtue of,
the laws of Canada with its executive
offices and principal place of business
located at 200 Fifth Avenue Place,
Calgary, Alberta, T2P 3L8.
Respondent NEXUS Gas Transmission
LLC is a limited liability company
organized, existing, and doing business
under, and by virtue of, the laws of the
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Federal Register / Vol. 84, No. 190 / Tuesday, October 1, 2019 / Notices
State of Delaware with its executive
offices and principal place of business
located at 5400 Westheimer Court,
Houston, Texas 77056. Nexus is a 50/50
joint venture between DTE and
Enbridge.
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III. Relevant Markets and Market
Structure
The relevant product market at issue
is the pipeline transportation of natural
gas. Even if pipeline transportation rates
increased slightly, natural gas shippers
would continue to use pipelines, as no
economic or practical alternative exists.
Other natural gas delivery methods
(such as boat, rail, or truck) are far more
costly, less reliable, and potentially
more hazardous than pipeline
transportation. Moreover, particularly
given low natural gas prices, a small
increase in natural gas pipeline
transportation rates would not lead
customers to switch to other (more
costly) fuels.
A relevant geographic market within
which to analyze the effects of the
Transaction is an area no broader than
Lucas, Ottawa, and Wood counties in
Ohio (the ‘‘Relevant Area’’), which
contains the closest geographic overlaps
between the Generation Pipeline and
the North Coast Pipeline. Although
pipeline options may vary by customer
delivery location, any customer for
whom the Generation Pipeline and the
North Coast pipeline are both
competitive options are located within
the Relevant Area.
Market concentration in this industry
is location-specific and depends on the
pipeline options available near a given
delivery point. Many customers connect
only to one pipeline and cannot
economically connect to any other. For
large industrial customers looking to
establish a direct connection to a natural
gas pipeline system, concentration is a
factor of how many suppliers are close
enough to connect economically, while
also meeting the customer’s volume and
service requirements. The Commission’s
Complaint alleges that the Generation
pipeline and the NCGT pipeline may be
the best alternatives for a subset of large
non-residential customers in the Toledo
area who are located reasonably close to
both pipelines.
IV. Effects of the Transaction
The Commission’s Complaint alleges
that, absent the proposed Consent
Agreement, the Transaction would
result in competitive harm in the
natural gas pipeline transportation
market in the Relevant Area. By
prohibiting NCGT from competing to
provide natural gas transportation
within the Restricted Area, the Non-
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18:10 Sep 30, 2019
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Compete would harm customers who
would otherwise benefit from
competition from NCGT. The NonCompete is not reasonably limited in
scope to protect a legitimate business
interest. In this instance, the provision
does not protect any significant
intellectual property, goodwill, or
customer relationship necessary to
protect Nexus’ investment. A mere
general desire to be free from
competition following a transaction is
not a legitimate business interest.
Moreover, even if a legitimate interest
existed, the geographic scope of the
Non-Compete would be broader than
reasonably necessary, because, in part, it
prevents NCGT from competing for any
opportunity in the restricted area, even
for opportunities that were unforeseen
at the time of the Transaction.
V. Entry Conditions
Entry into the relevant market would
not be timely, likely, or sufficient to
deter or counteract the anticompetitive
effects arising from the Merger. Entry
into the pipeline transportation of
natural gas is a complicated, expensive,
and time-consuming endeavor. In
addition to completing a lengthy
regulatory review and approval process,
an entrant would need to secure
sufficient precedent agreements by
shippers, obtain rights of way, and
overcome environmental or landowner
hurdles.
VI. The Proposed Consent Agreement
The proposed consent order (‘‘Order’’)
effectively resolves the competitive
concerns raised by the Sale Agreement’s
Non-Compete. First, the Order requires
the parties to execute a revised Sale
Agreement that eliminates the NonCompete and associated language.
Next, Section II.B of the Order
prohibits Nexus and its parents, DTE
and Enbridge, (collectively
‘‘Respondents’’), from entering into,
enforcing, or soliciting any written or
oral agreement that restricts competition
between one or more Respondents and
a ‘‘Pipeline Competitor’’ to provide
natural gas pipeline transportation to
the Relevant Area, without prior
Commission approval. The Order
defines ‘‘Pipeline Competitor’’ as a firm
that owns, operates, or markets capacity
on a natural gas pipeline. This
definition would include NCGT and
other pipeline companies, as well as a
situation where a customer with longterm capacity rights might resell its
capacity and effectively act as a
competitor.
In an industry where joint ventures
and other competitor collaborations
frequently occur, some arrangements
PO 00000
Frm 00049
Fmt 4703
Sfmt 4703
that the Order might capture could
advance legitimate purposes. The
Order’s prior approval provision gives
Respondents the opportunity to
advocate for these arrangements and the
Commission to evaluate any attendant
restrictions on a case-by-case basis.
The Order also requires Respondents
to provide prior notice of intent to
acquire the North Coast System or any
other natural gas pipeline in the
Relevant Area. It also requires
Respondents to file annual compliance
reports with the Commission for 10
years following the Order’s issuance.
The sole purpose of this analysis is to
facilitate public comment on the
proposed Consent Agreement. This
analysis does not constitute an official
interpretation of the proposed Consent
Agreement or modify its terms in any
way.
By direction of the Commission.
April J. Tabor,
Acting Secretary.
[FR Doc. 2019–21316 Filed 9–30–19; 8:45 am]
BILLING CODE 6750–01–P
DEPARTMENT OF HEALTH AND
HUMAN SERVICES
Agency for Healthcare Research and
Quality
Agency Information Collection
Activities: Proposed Collection;
Comment Request
Agency for Healthcare Research
and Quality, HHS.
ACTION: Notice.
AGENCY:
SUMMARY: This notice announces the
intention of the Agency for Healthcare
Research and Quality (AHRQ) to request
that the Office of Management and
Budget (OMB) approve the proposed
information collection project:
‘‘Embedded Research in Care Delivery
Systems.’’ In accordance with the
Paperwork Reduction Act of 1995,
AHRQ invites the public to comment on
this proposed information collection.
This proposed information collection
was previously published in the Federal
Register on July 29, 2019 and allowed
60 days for public comment. AHRQ
received no substantive comments. The
purpose of this notice is to allow an
additional 30 days for public comment.
DATES: Comments on this notice must be
received by 30 days after date of
publication.
Written comments should
be submitted to: AHRQ’s OMB Desk
Officer by fax at (202) 395–6974
(attention: AHRQ’s desk officer) or by
ADDRESSES:
E:\FR\FM\01OCN1.SGM
01OCN1
Agencies
[Federal Register Volume 84, Number 190 (Tuesday, October 1, 2019)]
[Notices]
[Pages 52106-52108]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2019-21316]
=======================================================================
-----------------------------------------------------------------------
FEDERAL TRADE COMMISSION
[File No. 191 0068]
DTE Energy Company; Analysis of Agreement Containing Consent
Orders To Aid Public Comment
AGENCY: Federal Trade Commission.
ACTION: Proposed consent agreement; request for comment.
-----------------------------------------------------------------------
SUMMARY: The consent agreement in this matter settles alleged
violations of federal law prohibiting unfair methods of competition.
The attached Analysis of Agreement Containing Consent Orders to Aid
Public Comment describes both the allegations in the complaint and the
terms of the consent orders--embodied in the consent agreement--that
would settle these allegations.
DATES: Comments must be received on or before October 31, 2019.
ADDRESSES: Interested parties may file comments online or on paper, by
following the instructions in the Request for Comment part of the
SUPPLEMENTARY INFORMATION section below. Write: ``DTE Energy Company;
File No. 191 0068'' on your comment, and file your comment online at
https://www.regulations.gov by following the instructions on the web-
based form. If you prefer to file your comment on paper, mail your
comment to the following address: Federal Trade Commission, Office of
the Secretary, 600 Pennsylvania Avenue NW, Suite CC-5610 (Annex D),
Washington, DC 20580, or deliver your comment to the following address:
Federal Trade Commission, Office of the Secretary, Constitution Center,
400 7th Street SW, 5th Floor, Suite 5610 (Annex D), Washington, DC
20024.
FOR FURTHER INFORMATION CONTACT: Michael Blaisdell (202-326-3220),
Bureau of Competition, Federal Trade Commission, 600 Pennsylvania
Avenue NW, Washington, DC 20580.
SUPPLEMENTARY INFORMATION: Pursuant to Section 6(f) of the Federal
Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34,
notice is hereby given that the above-captioned consent agreement
containing a consent order to cease and desist, having been filed with
and accepted, subject to final approval, by the Commission, has been
placed on the public record for a period of thirty (30) days. The
following Analysis to Aid Public Comment describes the terms of the
consent agreement and the allegations in the complaint. An electronic
copy of the full text of the consent agreement package can be obtained
from the FTC Home Page (for September 13, 2019), on
[[Page 52107]]
the World Wide Web, at https://www.ftc.gov/news-events/commission-actions.
You can file a comment online or on paper. For the Commission to
consider your comment, we must receive it on or before October 31,
2019. Write ``DTE Energy Company; File No. 191 0068'' on your comment.
Your comment--including your name and your state--will be placed on the
public record of this proceeding, including, to the extent practicable,
on the https://www.regulations.gov website.
Postal mail addressed to the Commission is subject to delay due to
heightened security screening. As a result, we encourage you to submit
your comments online through the https://www.regulations.gov website.
If you prefer to file your comment on paper, write ``DTE Energy
Company; File No. 191 0068'' on your comment and on the envelope, and
mail your comment to the following address: Federal Trade Commission,
Office of the Secretary, 600 Pennsylvania Avenue NW, Suite CC-5610
(Annex D), Washington, DC 20580; or deliver your comment to the
following address: Federal Trade Commission, Office of the Secretary,
Constitution Center, 400 7th Street SW, 5th Floor, Suite 5610 (Annex
D), Washington, DC 20024. If possible, submit your paper comment to the
Commission by courier or overnight service.
Because your comment will be placed on the publicly accessible
website at https://www.regulations.gov, you are solely responsible for
making sure that your comment does not include any sensitive or
confidential information. In particular, your comment should not
include any sensitive personal information, such as your or anyone
else's Social Security number; date of birth; driver's license number
or other state identification number, or foreign country equivalent;
passport number; financial account number; or credit or debit card
number. You are also solely responsible for making sure that your
comment does not include any sensitive health information, such as
medical records or other individually identifiable health information.
In addition, your comment should not include any ``trade secret or any
commercial or financial information which . . . is privileged or
confidential''--as provided by Section 6(f) of the FTC Act, 15 U.S.C.
46(f), and FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2)--including in
particular competitively sensitive information such as costs, sales
statistics, inventories, formulas, patterns, devices, manufacturing
processes, or customer names.
Comments containing material for which confidential treatment is
requested must be filed in paper form, must be clearly labeled
``Confidential,'' and must comply with FTC Rule 4.9(c). In particular,
the written request for confidential treatment that accompanies the
comment must include the factual and legal basis for the request, and
must identify the specific portions of the comment to be withheld from
the public record. See FTC Rule 4.9(c). Your comment will be kept
confidential only if the General Counsel grants your request in
accordance with the law and the public interest. Once your comment has
been posted on the public FTC website--as legally required by FTC Rule
4.9(b)--we cannot redact or remove your comment from the FTC website,
unless you submit a confidentiality request that meets the requirements
for such treatment under FTC Rule 4.9(c), and the General Counsel
grants that request.
Visit the FTC website at https://www.ftc.gov to read this Notice and
the news release describing it. The FTC Act and other laws that the
Commission administers permit the collection of public comments to
consider and use in this proceeding, as appropriate. The Commission
will consider all timely and responsive public comments that it
receives on or before October 31, 2019. For information on the
Commission's privacy policy, including routine uses permitted by the
Privacy Act, see https://www.ftc.gov/site-information/privacy-policy.
Analysis of Agreement Containing Consent Orders To Aid Public Comment
I. Introduction
The Federal Trade Commission (``Commission'') has accepted for
public comment, subject to final approval, an Agreement Containing
Consent Orders (``Consent Agreement'') from DTE Energy Company
(``DTE''), Enbridge Inc. (``Enbridge''), and NEXUS Gas Transmission,
LLC (``Nexus'') (collectively, the ``Respondents''). Nexus is a 50/50
joint venture between DTE and Enbridge. The Consent Agreement would
remedy the anticompetitive effects stemming from a January 2019
transaction (the ``Transaction'') in which Nexus intends to purchase
Generation Pipeline LLC (``Generation'') from a group of sellers
including North Coast Gas Transmission LLC (``NCGT'').
Generation's primary asset is a 23-mile intrastate natural gas
pipeline serving the Toledo, Ohio area. NCGT also owns another natural
gas transportation pipeline in Ohio (the ``North Coast System''), which
includes a spur running slightly east of Toledo, and which Nexus is not
acquiring. The Transaction's sale agreement prohibited NCGT from
competing to provide natural gas pipeline transportation within a
restricted area encompassing parts of Lucas, Ottawa, and Wood counties
in Ohio (the ``Restricted Area'') for a period of three years post-
closing (the ``Non-Compete''). Under the terms of the proposed Consent
Agreement, and to maintain competition in the affected market post-
merger, Respondents are required to strike the Non-Compete from the
purchase agreement and are prohibited from entering similarly
anticompetitive agreements with their pipeline competitors in this
market.
At the time of the Transaction, Generation and NCGT were two of a
small number of natural gas pipeline transportation options capable of
serving customers in the Restricted Area. The Commission's Complaint
alleges that the Transaction violated Section 7 of the Clayton Act, as
amended, 15 U.S.C. 18, and Section 5 of the Federal Trade Commission
Act, as amended, 15 U.S.C. 45, by eliminating actual and potential
competition between NCGT and any other pipeline competitor in a market
no broader than the pipeline transportation of natural gas to Lucas,
Ottawa, and Wood counties in Ohio.
The Commission has placed the proposed Consent Agreement on the
public record for 30 days to solicit comments from interested persons.
Comments received during this period will become part of the public
record. After 30 days, the Commission will again review the proposed
Consent Agreement and any comments received, and will decide whether it
should withdraw from the Consent Agreement, modify it, or make it
final.
II. The Respondents
Respondent DTE Energy Company is a corporation organized, existing,
and doing business under, and by virtue of, the laws of the State of
Michigan with its executive offices and principal place of business
located at One Energy Plaza, Detroit, Michigan 48226.
Respondent Enbridge Inc. is a corporation organized, existing, and
doing business under, and by virtue of, the laws of Canada with its
executive offices and principal place of business located at 200 Fifth
Avenue Place, Calgary, Alberta, T2P 3L8.
Respondent NEXUS Gas Transmission LLC is a limited liability
company organized, existing, and doing business under, and by virtue
of, the laws of the
[[Page 52108]]
State of Delaware with its executive offices and principal place of
business located at 5400 Westheimer Court, Houston, Texas 77056. Nexus
is a 50/50 joint venture between DTE and Enbridge.
III. Relevant Markets and Market Structure
The relevant product market at issue is the pipeline transportation
of natural gas. Even if pipeline transportation rates increased
slightly, natural gas shippers would continue to use pipelines, as no
economic or practical alternative exists. Other natural gas delivery
methods (such as boat, rail, or truck) are far more costly, less
reliable, and potentially more hazardous than pipeline transportation.
Moreover, particularly given low natural gas prices, a small increase
in natural gas pipeline transportation rates would not lead customers
to switch to other (more costly) fuels.
A relevant geographic market within which to analyze the effects of
the Transaction is an area no broader than Lucas, Ottawa, and Wood
counties in Ohio (the ``Relevant Area''), which contains the closest
geographic overlaps between the Generation Pipeline and the North Coast
Pipeline. Although pipeline options may vary by customer delivery
location, any customer for whom the Generation Pipeline and the North
Coast pipeline are both competitive options are located within the
Relevant Area.
Market concentration in this industry is location-specific and
depends on the pipeline options available near a given delivery point.
Many customers connect only to one pipeline and cannot economically
connect to any other. For large industrial customers looking to
establish a direct connection to a natural gas pipeline system,
concentration is a factor of how many suppliers are close enough to
connect economically, while also meeting the customer's volume and
service requirements. The Commission's Complaint alleges that the
Generation pipeline and the NCGT pipeline may be the best alternatives
for a subset of large non-residential customers in the Toledo area who
are located reasonably close to both pipelines.
IV. Effects of the Transaction
The Commission's Complaint alleges that, absent the proposed
Consent Agreement, the Transaction would result in competitive harm in
the natural gas pipeline transportation market in the Relevant Area. By
prohibiting NCGT from competing to provide natural gas transportation
within the Restricted Area, the Non-Compete would harm customers who
would otherwise benefit from competition from NCGT. The Non-Compete is
not reasonably limited in scope to protect a legitimate business
interest. In this instance, the provision does not protect any
significant intellectual property, goodwill, or customer relationship
necessary to protect Nexus' investment. A mere general desire to be
free from competition following a transaction is not a legitimate
business interest. Moreover, even if a legitimate interest existed, the
geographic scope of the Non-Compete would be broader than reasonably
necessary, because, in part, it prevents NCGT from competing for any
opportunity in the restricted area, even for opportunities that were
unforeseen at the time of the Transaction.
V. Entry Conditions
Entry into the relevant market would not be timely, likely, or
sufficient to deter or counteract the anticompetitive effects arising
from the Merger. Entry into the pipeline transportation of natural gas
is a complicated, expensive, and time-consuming endeavor. In addition
to completing a lengthy regulatory review and approval process, an
entrant would need to secure sufficient precedent agreements by
shippers, obtain rights of way, and overcome environmental or landowner
hurdles.
VI. The Proposed Consent Agreement
The proposed consent order (``Order'') effectively resolves the
competitive concerns raised by the Sale Agreement's Non-Compete. First,
the Order requires the parties to execute a revised Sale Agreement that
eliminates the Non-Compete and associated language.
Next, Section II.B of the Order prohibits Nexus and its parents,
DTE and Enbridge, (collectively ``Respondents''), from entering into,
enforcing, or soliciting any written or oral agreement that restricts
competition between one or more Respondents and a ``Pipeline
Competitor'' to provide natural gas pipeline transportation to the
Relevant Area, without prior Commission approval. The Order defines
``Pipeline Competitor'' as a firm that owns, operates, or markets
capacity on a natural gas pipeline. This definition would include NCGT
and other pipeline companies, as well as a situation where a customer
with long-term capacity rights might resell its capacity and
effectively act as a competitor.
In an industry where joint ventures and other competitor
collaborations frequently occur, some arrangements that the Order might
capture could advance legitimate purposes. The Order's prior approval
provision gives Respondents the opportunity to advocate for these
arrangements and the Commission to evaluate any attendant restrictions
on a case-by-case basis.
The Order also requires Respondents to provide prior notice of
intent to acquire the North Coast System or any other natural gas
pipeline in the Relevant Area. It also requires Respondents to file
annual compliance reports with the Commission for 10 years following
the Order's issuance.
The sole purpose of this analysis is to facilitate public comment
on the proposed Consent Agreement. This analysis does not constitute an
official interpretation of the proposed Consent Agreement or modify its
terms in any way.
By direction of the Commission.
April J. Tabor,
Acting Secretary.
[FR Doc. 2019-21316 Filed 9-30-19; 8:45 am]
BILLING CODE 6750-01-P