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FTC Starts Process That May Nix Chevron, Exxon Deal Limits

By Bryan Koenig ( April 11, 2025, 7:19 PM EDT) -- The Federal Trade Commission took the first steps Friday toward potentially lifting bans on the CEOs of Hess and Pioneer Natural Resources serving on the boards of Chevron and Exxon, respectively, under agreements assailed by the FTC's Republican leadership who want to permit the Chevron-Hess and Exxon-Pioneer mergers without those restrictions....

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