F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources

F.T.C. Clears Exxon Mobil’s Acquisition of Pioneer Natural Resources

The New York Times - Business:

The Federal Trade Commission will bar Pioneer’s chief executive, Scott Sheffield, from joining Exxon’s board, saying he colluded with OPEC to reduce oil production.

This post first appeared in The New York Times - Business. Read the original article.