# FTC Preserves Competition in Merger of Enbridge Inc. and Spectra Energy Corp | Federal Trade Commission

> The FTC settled charges that the proposed Enbridge and Spectra Energy merger would reduce pipeline competition in three offshore Gulf of Mexico production areas. The settlement requires the merged company to limit access to non-public information about the Discovery Pipeline. The original deal was valued at $28 billion.

- Date: 2017-02-16 · published 2017-02-16T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/72699-ftc-preserves-competition-in-merger-of-enbridge-inc-and-spectra-energy-corp
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

The settlement preserves competition in Gulf gas pipeline transport, which helps keep transport costs for offshore gas from rising. The direct price effect on feed commodities is minimal.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2024-02-28 | [Assessing the Domestic Energy Price Impact of LNG Exports](https://feedsoft.ai/events/31846-assessing-the-domestic-energy-price-impact-of-lng-exports.md) | +9.7% | -2.6% |
| NATGAS | 2022-10-01 | [EU wants new transaction based LNG benchmark in bid to calm prices](https://feedsoft.ai/events/39762-eu-wants-new-transaction-based-lng-benchmark-in-bid-to-calm-prices.md) | -1.3% | -18.8% |
| NATGAS | 2017-05-01 | [Trump Administration’s Push for Gas Exports Faces Market Glut](https://feedsoft.ai/events/71205-trump-administration-s-push-for-gas-exports-faces-market-glut.md) | -1.7% | -2.2% |
| NATGAS | 2017-12-05 | [China moves to control natural gas prices amid shortages – China Economic Review](https://feedsoft.ai/events/67653-china-moves-to-control-natural-gas-prices-amid-shortages-china-economic-review.md) | -4.4% | +47.0% |
| NATGAS | 2023-02-10 | [Ensuring fertilisers are available and affordable in the EU \| Epthinktank \| European Parliament](https://feedsoft.ai/events/37254-ensuring-fertilisers-are-available-and-affordable-in-the-eu-epthinktank.md) | +0.8% | -0.0% |

## Sources

- ftc.gov: https://www.ftc.gov/news-events/news/press-releases/2017/02/ftc-preserves-competition-merger-enbridge-inc-spectra-energy-corp

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.