FTC Seeks Public Comment on Petition to Modify Exxon-Pioneer Final Order

News Competition Consultations

Date: 11th Apr, 2025 Source: Federal Trade Commission Country: USA Original Source

Brief

On January 17, 2025, the FTC entered into a consent order concerning Exxon's acquisition of Pioneer. The final consent order prohibits Exxon from nominating or appointing former CEO Scott Sheffield to its board and restricts Pioneer employee appointments for five years. The public has until May 12, 2025, to submit comments on a petition to set aside the final order.

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FTC Seeks Public Comment on Petition to Modify Exxon-Pioneer Final Order

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FTC Seeks Public Comment on Petition to Modify Exxon-Pioneer Final Order

Brief

Federal Trade Commission

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