Schumer Urges US FTC Probe of Exxon, Chevron Mega-Deals.

(Bloomberg) -- Senate Majority Leader Chuck Schumer is urging the US Federal Trade Commission to look into whether Exxon Mobil Corp. and Chevron Corp.'s proposed oil and gas acquisitions could violate antitrust laws. Schumer asked the FTC to consider "how Exxon's or Chevron's vertically integrated operations may harm American competition in any national or regional market.". [Extracted from the article]