2008 Report on Ethanol Market Concentration
"Section 1501(a)(2) of the Energy Policy Act of 2005, as codified at 42 U.S.C. § 7545(o),imposes an annual requirement on the Federal Trade Commission (“Commission” or “FTC”) to “perform a market concentration analysis of the ethanol production industry using the Herfindahl-Hirschman Index [(“HHI”)] to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.” The statute also requires that the FTC consider all marketing arrangements among industry participants in preparing its analysis. The FTC must report its findings to Congress and to the Administrator of the Environmental Protection Agency. This report presents the FTC’s concentration analysis of ethanol production for 2008. This report builds upon previous Commission reports on Ethanol Market Concentration, which contain relevant background information that is not repeated in this report."