The Federal Trade Commission requests public comment on a petition seeking to reopen and set aside a final consent order involving a $5.2 billion cash-and-stock deal between private equity firm Quantum Energy Partners and natural gas producer EQT Corporation. The FTC’s 2023 consent order resolved antitrust concerns that alleged the […]
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FTC Reopens and Sets Aside Chevron-Hess Final Order
Today, the Federal Trade Commission reopened and set aside the final consent order involving Chevron Corporation’s proposed acquisition of Hess Corporation. The January 2025 final consent order prohibited Chevron from nominating, designating, or appointing Hess CEO John B. Hess Chevron’s board of directors. The FTC’s complaint alleged that Mr. Hess made “supportive […]
FTC Denies Sheffield’s Petition to Reopen and Set Aside the Exxon-Pioneer Final Order
The Federal Trade Commission denied a request filed by Scott Sheffield, the founder and former CEO of Pioneer Natural Resources, to reopen and set aside a final consent order involving Exxon Mobil Corporation’s acquisition of Pioneer. Sheffield’s petition to reopen and set aside the final order in its entirety must be […]