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Stockreport

Republican lawmakers press FTC's Khan on energy sector merger scrutiny [FOX Business Network]

Chevron Corporation (CVX)  More Company Research Source: FOX Business Network
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Exclusive: Republican lawmakers in Congress are stepping up oversight of how the Federal Trade Commission (FTC) and the agency's chair, Lina Khan, scrutinized a pair of high-profile energy sector mergers, arguing the regulator was favoring a political agenda over genuine competitive concerns. House Judiciary Committee Chair Jim Jordan, R-Ohio, and Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights Ranking Member Mike Lee, R-Utah, on Monday sent a letter to Khan and FTC. The letter, which was reviewed by FOX Business, raised concerns related to the agency's use of settlement agreements that aren't related to the competitive effects of pending mergers. "Recent cases suggest that the FTC under your leadership is pursuing settlements not because there is harm to competition, but due to political pressure from Democrats in Congress ," Jordan and Lee wrote to Khan. "Specifically, the FTC has entered into consent decrees in the Exxon/Pioneer and Chevron [Read more]
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Stockreport

Republican lawmakers press FTC's Khan on energy sector merger scrutiny [FOX Business Network]

Chevron Corporation  (CVX) 
More Company Research Source: FOX Business Network
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Exclusive: Republican lawmakers in Congress are stepping up oversight of how the Federal Trade Commission (FTC) and the agency's chair, Lina Khan, scrutinized a pair of high-profile energy sector mergers, arguing the regulator was favoring a political agenda over genuine competitive concerns. House Judiciary Committee Chair Jim Jordan, R-Ohio, and Senate Judiciary Subcommittee on Competition Policy, Antitrust and Consumer Rights Ranking Member Mike Lee, R-Utah, on Monday sent a letter to Khan and FTC. The letter, which was reviewed by FOX Business, raised concerns related to the agency's use of settlement agreements that aren't related to the competitive effects of pending mergers. "Recent cases suggest that the FTC under your leadership is pursuing settlements not because there is harm to competition, but due to political pressure from Democrats in Congress ," Jordan and Lee wrote to Khan. "Specifically, the FTC has entered into consent decrees in the Exxon/Pioneer and Chevron [Read more]
IMPACT SNAPSHOT
EVENT TIME:
CVX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS