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The Federal Trade Commission has found more room for consolidation in the oil patch. In a massive study of the petroleum industry, the FTC concludes that many competitors exist in the exploration, refining and marketing segments of the industry. That leaves the door open to more deals. The long-awaited report is already sparking complaints from critics who have accused the agency of permitting too many oil industry mergers.
August 17, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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