Terminalling of gasoline is a relevant product market in which the competitive effects of the proposed merger may be assessed. There are no economic substitutes for gasoline terminals. The Boston, Massachusetts and Manassas,Virginia areas are relevant geographic markets in which the competitive effects of the proposed merger may be assessed. Terminals outside these geographic markets would not constrain an anti-competitive price increase by terminals within these geographic areas. Entry of new firms is unlikely to restore competition in a timely manner.
Plaintiffs repeat and recall the foregoing allegations as it fully set forth herein.
The effect of the proposed merger in the Northeastern United States will be to substantially lessen competition in the sale of petroleum products in each of the relevant markets described above, in that 28. As a result of the merger, if consummated, the Plaintiff States and their respective citizens will suffer irreparable injury in the form of lessened competition and higher prices for retail petroleum products. The merger, if consummated, will violate Section 7 of the Clayton Act. Plaintiffs repeat and reallege the foregoing allegations as if fully set forth herein. As a result of the merger, if consummated, the Plaintiff States and their citizens will suffer irreparable injury.