FTC Reopens and Sets Aside Exxon-Pioneer Final Order

News Competition Sanctions & Fines

Date: 17th Jul, 2025 Source: Federal Trade Commission Country: USA Original Source

Brief

On April 11, 2024, the Federal Trade Commission reopened and set aside the final consent order involving Exxon Mobil Corporation’s proposed acquisition of Pioneer Natural Resources Company. The decision was made after reviewing the complaint's deficiencies, which failed to plead any antitrust law violation under Section 7 of the Clayton Act.

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FTC Reopens and Sets Aside Exxon-Pioneer Final Order

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FTC Reopens and Sets Aside Exxon-Pioneer Final Order

Brief

Federal Trade Commission

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