FTC Requests More Info On $22.5 Billion ConocoPhillips-Marathon Oil Deal

The U.S. Federal Trade Commission (FTC) has sent a second request for additional information to ConocoPhillips and Marathon Oil while reviewing their proposed $22.5 billion merger, ConocoPhillips said on Friday.  On July 11, 2024, ConocoPhillips and Marathon each received a request for additional information and documentary materials from the FTC in connection with the FTC’s review of the merger announced in May.  “ConocoPhillips and Marathon continue to work constructively with the FTC in its review of the Merger…