Notice
12 May 2025
compliance, penalties, regulatory requirements, antitrust, hsr act, mergers and acquisitions, oil industry
⚖️Antitrust Case
The antitrust case "United States of America v. XCL Resources Holdings, LLC" addresses violations of the Hart-Scott-Rodino Act, focusing on a $1.4 billion acquisition. The Department of Justice proposes civil penalties, compliance obligations, and a public interest assessment following a public comment period. The judgment seeks to prevent similar violations in the future while establishing financial penalties for the defendants.
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