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Schumer Urges FTC To Halt Chevron-Hess $53B Merger Over Fear Of Gas Price Hike

Senate Majority Leader Chuck Schumer has urged the Federal Trade Commission (FTC) to intervene in Chevron Corp's proposed $53 billion acquisition of Hess Corp, citing concerns over potential gas price increases.

By: International Business Times

Jun 03 2024
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Schumer Urges FTC To Halt Chevron-Hess $53B Merger Over Fear Of Gas Price Hike — Schumer Urges FTC To Halt Chev

Senate Majority leader Chuck Schumer has called on the Federal Trade Commission (FTC) to "pump the brakes" on Chevron Corp's proposed $53 billion acquisition of Hess Corp. Schumer, who has previousl… [+2152 chars]

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