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Exxon-Pioneer, Chevron-Hess settlements fully vacated by US FTC

By Ilana Kowarski ( July 18, 2025, 00:34 GMT | Insight) -- Biden-era settlements with ExxonMobil and Chevron Corp. were rendered null and void by the Federal Trade Commission’s three Republicans today via orders that castigated those merger antitrust consent decrees as being “untethered from any cognizable legal theory.”Biden-era settlements with ExxonMobil and Chevron Corp. were rendered null and void by the Federal Trade Commission’s three Republicans today via orders that castigated those merger antitrust consent decrees as being “untethered from any cognizable legal theory.”...

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