Arguing that the Federal Trade Commission has permitted anticompetitive oil mergers, Connecticut Attorney General Richard Blumenthal asked Congress on May 2 to impose at least a one-year moratorium on deals in the oil patch.
“A moratorium is one means to send a message that mergers and acquisitions will face strict scrutiny,” Blumenthal said in testimony to the Senate Governmental Affairs permanent subcommittee on investigations.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
