CT HB05220

Requires motor fuel industry persons filing merger, acquisition, or market concentration information with federal agencies (FTC or DOJ) under the Hart-Scott-Rodino Act to simultaneously file copies with the Connecticut Attorney General, effective July 1, 2010.

Authorizes the Attorney General to measure market concentration using the Herfindahl-Hirschman Index and issue subpoenas for documentary material if concentration scores meet specified thresholds (1,000-1,800 points with increases over 100 points, or 1,800+ points with increases over 50 points).

Prohibits sellers from charging unconscionably excessive prices for energy resources during abnormal market disruptions or anticipated disruptions, with prima facie evidence based on gross price disparities compared to pre-disruption pricing.

Requires the Attorney General to post notices on the state website announcing the beginning and end of abnormal market disruptions or anticipated disruptions.

Creates a safe harbor for motor gasoline sellers whose average margin during a disruption period does not exceed their maximum margin during the 90 days prior to the disruption.