Federal Trade Commission v. Equitable Resources, Inc.

MEMORANDUM OPINION GRANTING DEFENDANTS’ MOTION TO DISMISS (DOC. NO. 18)

SCHWAB, District Judge.

Defendants are public utilities which operate under the authority and regulation of the Pennsylvania Public Utility Commission (“PUC”), pursuant to the Pennsylvania Public Utility Code (66 Pa.C.S. §§ 101— 3315), who seek to dismiss the Complaint (doc. no. 1) of the Federal Trade Commission (“FTC”). The FTC in its Complaint requests preliminary injunctive relief to halt an intra-state acquisition of defendant Peoples Natural Gas Company (“Peoples Gas”) by defendant Equitable Resources Inc. (“Equitable…