Antitrust Implications of FERC Order 636
โ Scribed by Gidley, J. Mark
- Publisher
- John Wiley and Sons
- Year
- 2008
- Weight
- 945 KB
- Volume
- 10
- Category
- Article
- ISSN
- 0743-5665
No coin nor oath required. For personal study only.
โฆ Synopsis
1992, the Federal Energy Regulatory Commison (FERC) took. bold steps toward increased telephone companies against other providers of longdistance service, petition in the sale of natural gas in its landmark
The result of the telephone decree was to eliminate sr 636, For interstate gas pipelines, Order 636
iires sales unbundling (the separation of the sale .anspomtion services from the sale of natural and transportation unbundling (breaking transation into still Further component services). ding on past FERC initiatives, the Order has nt unprecedented changes in the industry holds the promise of greater competition and *plation.
From an antitrust lawyer's viewpoint, Order 636 zertain structural characteristics in common with modified final judgment in the AT&T antitrust ition. That lawsuit, brought by the Justice lament's Antitrust Division, essentially broke :T into two different classes of service (and Ipanies): local and long-distance telephone ser-. Smaller, regional Bell operating companies ., Southwestern Bell) were to provide local telephone service, wk Gldky is of counsd to while AT&Twas split Igw firm of Shaw Pittman. off as a company free 8 6 Trowbridge, Washing to provide long-'"' ' ' 'he distance telephone
๐ SIMILAR VOLUMES
ecently, the US. Courts of Appeals for the Eleventh and D.C. Circuits issued a joint order vacating and remanding Orders 636, 636-A, and 636-B. The courts found that the whole thing was a bad idea, unsupported by the factual findings necessary for action under Section 5 of the Natural Gas Act. Based
Order 636-The Right of First Refusal t the same time that it embarked on the A current examination of the natural gas industry of the future, in Docket PL97-1, the Commission issued Order 636C, the order on remand of Order 636. For the most part, this order was fairly noncontroversial, given how the
As a part of the gas world after Order 636, development of market hubs related to storage and major pipeline interconnections will prove essential for suppliers and consumers aggregating supply and balancing transportation volumes. Additionally, Order 636 comes after five years of significant oversu