In investigating a proposed merger between Exxon Mobil and oil producer Pioneer Natural Resources, the FTC’s review of thousands of communications between Pioneer and OPEC, negotiating price fixing between the two groups. Tyson Slocum, Director at the Energy Program at Public Citizen, discusses the FTC’s report and the Friends of the Earth report “FTC’s Price Gouging Allegations Against War Profiteer a Wake-up Call to End Merger Mania“, and demands investigations into all American oil companies for these nefarious and anti-American activities.
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