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Expert Analysis

How FTC Sent A $5.6M Warning Against Jumping The Gun

By Jason Leckerman and Habiba Cheema ( January 22, 2025, 3:55 PM EST) -- On Jan. 7, the Federal Trade Commission announced that crude oil producers XCL Resources Holdings LLC, Verdun Oil Co. and EP Energy LLC would pay a record $5.6 million civil penalty to settle allegations they engaged in unlawful "gun jumping" activities in violation of Section 7A of the Clayton Act, Title 15 of the U.S. Code, Section 18A, known as the Hart-Scott-Rodino Antitrust Improvements Act....

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