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FTC Imposes Record $5.6M 'Gun Jumping' Penalty On Oil Deal

By Bryan Koenig ( January 7, 2025, 11:32 AM EST) -- The Federal Trade Commission brought a rare merger "gun jumping" action Tuesday under which Verdun Oil Co. will pay $5.6 million for exerting control over EP Energy LLC before the mandatory waiting period under U.S. antitrust law expired and its purchase of the company closed....

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