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FTC Issues Annual Report on Ethanol Market Concentration 2025

The Federal Trade Commission has issued its 2025 Report on Ethanol Market Concentration. The Clean Air Act, as amended by the Energy Policy Act of 2005, directs the Commission to perform an annual review of market concentration in the ethanol production industry “to determine whether there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.”

As in prior years, the 2025 report concludes that “the level of concentration and number of market participants in the U.S. ethanol production industry continue to suggest that the exercise of market power to set prices, or coordinate on price or output levels, is unlikely on a nationwide basis.”

The Commission vote to approve the report was 2-0.

The lead staff attorney on this matter for the FTC is Christopher Grengs in the Office of Policy Planning.

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