BluePerspectives

Schumer leads 23 senators in demanding FTC probe of oil industry mergers 

Senate Majority Leader Chuck Schumer, D-N.Y., and 22 other Democratic Senators sent a formal letter to Federal Trade Commission Chair Lina Khan (FTC), on Wednesday. The letter demanded an investigation into two major proposed mergers in the oil industry and warned that these consolidations could harm consumers. Schumer and his colleagues are asking the FTC to investigate ExxonMobil’s proposed $60 billion merger…

 Chuck Schumer, D-N, is the leader of the Senate Majority. Y .) Along with 22 other Democratic senators, Lina Khan, chair of the Federal Trade Commission( FTC ), received a letter on Wednesday requesting an investigation into two significant proposed mergers in the oil industry and cautioning that the consolidations might harm consumers. The FTC should look into ExxonMobil’s proposed$ 60 billion, according to Schumer and his colleagues. Chuck Schumer, D-N, is the leader of the Senate Majority. Y .) On Wednesday, Lina Khan, the chair of the Federal Trade Commission( FTC ), received a letter from 22 other Democratic senators requesting an investigation into two significant proposed mergers in the oil industry and advising her that the consolidations might harm consumers. Schumer and his associates want the FTC to look into ExxonMobil’s$ 60 billion proposal. 

Senate Majority Leader Chuck Schumer, D-N.Y., and 22 other Democratic Senators sent a formal letter to Federal Trade Commission Chair Lina Khan (FTC), on Wednesday. The letter demanded an investigation into two major proposed mergers in the oil industry and warned that these consolidations could harm consumers. Schumer and his colleagues are asking the FTC to investigate ExxonMobil’s proposed $60 billion merger…

  

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