Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company – Winnipeg Free Press
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WASHINGTON (AP) — Federal regulators are investigating ExxonMobil’s $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings. The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon’s […]
Democratic senators have urged the FTC to investigate both the Exxon-Pioneer and Chevron-Hess deals for potentially violating antitrust law.
Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to securities filings. The Federal Trade Commission, which enforces federal antitrust law, has asked for additional information from the companies about Exxon’s proposed acquisition of Pioneer Natural Resources. Pioneer disclosed the request in a filing Tuesday.
President Joe Biden took his economic message to the district of Rep. Lauren Boebert on Wednesday to highlight clean-energy projects she opposed.