The FTC Wants the Oil Industry to Be Competitive Good Luck With That newrepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newrepublic.com Daily Mail and Mail on Sunday newspapers.
Bloomberg and the Financial Times are reporting that shale executives are getting spooked about future mergers in case they get caught in the crosshairs of the regulator
The U.S. Federal Trade Commission on Thursday declined to challenge Exxon Mobil Corp. s $60 billion purchase of Pioneer Natural Resources Co. but asserted that Scott Sheffield, Pioneer s co-founder, must not take a seat on Exxon s board.