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WASHINGTON, D.C. — The Federal Trade Commission has reversed its prior restrictions on Chevron Corporation’s acquisition of Hess Corporation, officially setting aside a final consent order that had blocked Hess …
FTC Drops Restrictions on Chevron-Hess Merger, Citing Flawed Antitrust Claims Read More
WASHINGTON, D.C. — The Federal Trade Commission announced Thursday that it has set aside its final consent order restricting Exxon Mobil Corporation’s acquisition of Pioneer Natural Resources, citing serious deficiencies …
FTC Reverses Course, Drops Restrictions on Exxon-Pioneer Deal Amid Antitrust Doubts Read More
WASHINGTON, D.C. — The Federal Trade Commission has rejected a petition from Scott Sheffield, founder and former CEO of Pioneer Natural Resources, seeking to reopen and overturn a consent order that …
FTC Shuts Down Ex-Pioneer CEO’s Attempt to Join Exxon Board Amid Antitrust Concerns Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has taken action to address antitrust concerns related to Alimentation Couche-Tard Inc.’s (ACT) $1.57 billion acquisition of 270 retail fuel outlets from Giant …
FTC Resolves Antitrust Concerns Over ACT’s $1.57 Billion Fuel Outlet Acquisition Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has finalized a consent order addressing antitrust concerns stemming from Exxon Mobil Corporation’s acquisition of oil producer Pioneer Natural Resources. The order …
FTC Finalizes Consent Order on Exxon’s Acquisition of Pioneer Natural Resources Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has finalized a consent order addressing antitrust concerns related to Chevron Corporation’s acquisition of oil producer Hess Corporation. The resolution imposes restrictions …
FTC Finalizes Consent Order on Chevron’s Acquisition of Hess Corporation Read More
WASHINGTON, D.C. — The Federal Trade Commission (FTC) has imposed a landmark $5.6 million civil penalty on XCL Resources Holdings, LLC (XCL), Verdun Oil Company II LLC (Verdun), and EP Energy …
FTC Slaps Record $5.6 Million Penalty on Oil Companies for Illegal Pre-Merger Coordination Read More
The Federal Trade Commission (FTC) has filed a lawsuit against convenience store giant 7-Eleven, Inc. and its parent company, Seven & i Holdings Co., Ltd. The FTC alleges that 7-Eleven …
FTC Sues 7-Eleven Over Violation of Consent Order in St. Petersburg Outlet Acquisition Read More
The U.S. Bureau of Labor Statistics (BLS) reported on Tuesday, December 12, 2023, that the Consumer Price Index for All Urban Consumers (CPI-U) saw a slight uptick of 0.1 percent …
Consumer Price Index Rises 0.1% in November, Shelter Costs Offset Gasoline Dip Read More The Federal Trade Commission (FTC) has recently published its 2023 Report on Ethanol Market Concentration, as directed by the Energy Policy Act of 2005. The Act mandates the Commission to …
FTC’s 2023 Ethanol Market Concentration Report Affirms Sufficient Competition Read More