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The Â鶹´«Ã½ Trade Commission has issued its 2024 Report on Ethanol Market Concentration. The Energy Policy Act of 2005 directs the Commission to perform an annual review of market concentration in the ethanol production industry “to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.â€

As in prior years, the 2024 report concludes that “[t]he level of concentration and number of market participants in the U.S. ethanol production industry continue to suggest that the exercise of market power to set prices, or coordinate on price or output levels, is unlikely on a nationwide basis.â€

The Commission vote to approve the report was 5-0.

The lead staff attorney on this matter for the FTC is Christopher Grengs in the Bureau of Competition. 

The Â鶹´«Ã½ Trade Commission works to promote competition, and protect and educate consumers.  The FTC will never demand money, make threats, tell you to transfer money, or promise you a prize. You can learn more about how competition benefits consumers or file an antitrust complaint.  For the latest news and resources, follow the FTC on social mediasubscribe to press releases and read our blog.

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