For St Pete’s Sake: The Tipline for 5 December 2023

The Federal Trade Commission is requesting a penalty of up to $77.5 million against 7-Eleven for allegedly acquiring a rival Sunoco gas station in St Petersburg, Florida, without issuing the agency notice. The commission says a meaningful penalty is necessary to vindicate the agency and to deter others from settling in bad faith. In other antitrust news, University of Chicago Law School professor Eric Posner celebrates another trip around the sun and Davis Wright Tremaine makes a lateral hire.

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