Regulators, Congress take close look at Exxon-Mobil dealExxon’s $73.7 billion acquisition of Mobil combines the two largest U.S. oil companies, reuniting two of the biggest pieces left by the 1911 government breakup of John D. Rockefeller’s Standard Oil empire H Josef Hebert Associated Press Writer
Members of Congress urged federal regulators March 10 to exercise caution when they consider the merger of Exxon and Mobil, warning that the companies have extensive operations that overlap.
Regulators, appearing before the House commerce energy and power subcommittee, emphasized that their investi....
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Speculation is assets will be dropped Merger will create some monopolies
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