Photo: Rafal Pytel/Adobe Stock FTC Bans Exec From Chevron Board—Exercising Authority It Doesn't Have, GOP Dissenters Say
The GOP minority on the Federal Trade Commission says Democrats are using a ridiculous legal theory to sideline directors—realizing firms will cave, sparing the agency from having to test the theory in court.
October 01, 2024 at 08:01 AM
5 minute read
Antitrust
For the second time in five months, the Federal Trade Commission has approved a big oil industry merger on the condition that the founder of the acquired company not be allowed on the buyer's board of directors.
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