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FTC Releases Summary of Key Accomplishments

Date
Â鶹´«Ã½ Trade Commission Chair Lina M. Khan released a summary of the agency’s key accomplishments over the last four years that have improved Americans’ everyday lives and stopped illegal...

FTC Approves Final Order in Exxon-Pioneer Deal

Date
The Â鶹´«Ã½ Trade Commission today finalized a consent order that resolves antitrust concerns surrounding Exxon Mobil Corporation’s (Exxon) acquisition of oil producer Pioneer Natural Resources. The...

FTC Approves Final Order in Chevron-Hess Deal

Date
The Â鶹´«Ã½ Trade Commission today finalized a consent order that resolves antitrust concerns surrounding Chevron Corporation’s acquisition of oil producer Hess Corporation. The final consent order...

Tempur Sealy International, Inc. and Mattress Firm Group Inc., In the Matter of

The Â鶹´«Ã½ Trade Commission moved to block Tempur Sealy International, Inc.’s (Tempur Sealy) proposed $4 billion acquisition of Mattress Firm Group Inc. (Mattress Firm).

The Commission issued an administrative complaint and authorized a lawsuit in federal court to block the acquisition, alleging that Tempur Sealy—the world’s largest mattress supplier and manufacturer—will have the ability and incentive to suppress competition and raise prices for mattresses for millions of consumers once it acquires Mattress Firm.

Type of Action
Administrative
Last Updated
FTC Matter/File Number
231 0016
Docket Number
9433
Case Status
Pending

XCL Resources Holdings, LLC et al, USA v.

The Â鶹´«Ã½ Trade Commission announced that crude oil producers XCL Resources Holdings, LLC (XCL), Verdun Oil Company II LLC (Verdun), and EP Energy LLC (EP) will pay a record $5.6 million civil penalty to settle allegations they engaged in illegal pre-merger coordination, known as gun jumping, in violation of the Hart-Scott-Rodino Act (HSR Act).

Type of Action
Â鶹´«Ã½
Last Updated
Docket Number
1:25-cv -00041
Case Status
Pending