John Seesel
John Seesel
commission conscious katrina occurred price severe swift
The commission is very conscious of the swift and severe price spikes that occurred immediately before and after Katrina made landfall.
competition consumers indicate infer might price saw station suspect variety
Consumers shouldn't infer that there is something particularly suspect going on if they see price variations. . . . If you saw the same price at every station it might indicate competition is working perfectly, but it isn't inconsistent with competition that there's a variety of prices.
activity aggressive conduct determination law occurred result
A determination that unlawful conduct has occurred will result in aggressive law enforcement activity by the FTC.
conduct regarding remains vigilant
The FTC has been and remains vigilant regarding anticompetitive conduct in this industry.
complaints complaints-and-complaining consumer evidence
If we get consumer complaints about (gasoline) prices, we'll look at those complaints to find evidence of anticompetitive conduct.
acquired act arising charge god including join market others power price prices restrict seller
A seller with lawfully acquired market power including market power arising from an act of God can charge any price the market will bear, so long as this seller does not join with others to set prices or restrict supply.
aftermath conduct continuing industry intense petroleum scrutiny
We are continuing our intense scrutiny of conduct in the petroleum industry in the aftermath of Katrina.