The U.S. Federal Trade Commission (FTC) is inviting public comments on a petition to revisit a 2023 consent order governing EQT Corporation’s $5.2 billion asset-and-stock acquisition from Quantum Energy Partners. The order, originally issued to prevent anticompetitive interlocking directorates and information sharing between the two Appalachian Basin gas producers, prohibits Quantum from holding board seats at EQT, mandates divestiture of EQT shares, and dissolves their joint venture (ftc.gov).
Petitioners contend that the conditions prompting the order no longer exist—Quantum has divested all EQT shares (by October 2024) and dissolved the joint venture (by February 2024)—and argue that it is therefore in the public interest to set aside the order (ftc.gov).
Public feedback is now being accepted through 21 August 2025, after which the FTC will decide whether to maintain, modify, or withdraw the order (ftc.gov, federalregister.gov).
