Occidental and CrownRock become next targets for FTC’s antitrust scrutiny
Houston-based Occidental Petroleum Corp.’s (NYSE: OXY) planned acquisition of CrownRock LP is the latest multibillion-dollar energy deal to receive a so-called “second request” from the Federal Trade Commission. Click through to the story to learn more about these requests, which the FTC makes when a merger or acquisition has the potential to be anticompetitive.