Group 1 - The Federal Trade Commission (FTC) has lifted the ban on Scott Sheffield and John Hess joining the boards of ExxonMobil (XOM.US) and Chevron (CVX.US) respectively, previously imposed due to alleged collusion with OPEC regarding oil pricing and production [1][2] - Sheffield, founder of Pioneer Natural Resources, and Hess, CEO of Hess Corporation, both denied any collusion with OPEC [1] - ExxonMobil acquired Pioneer Natural Resources for $63 billion last year, while Chevron's proposed acquisition of Hess for $53 billion is still pending approval [1] Group 2 - Chevron welcomed the FTC's decision, stating that Hess is a respected industry leader whose experience and expertise will benefit their board [1] - The FTC concluded that there was no evidence of anti-competitive behavior or violations of antitrust laws related to the acquisitions, indicating that the ban would undermine the FTC's mission and credibility [2] - The FTC's decision followed a change in its composition, with two Democratic commissioners being dismissed and a Republican majority now opposing the previous ban [2]
FTC撤销针对谢菲尔德及赫斯进入埃克森美孚(XOM.US)和雪佛龙(CVX.US)董事会的禁令