ExxonMobil and Chevron held merger talks in 2020

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Preliminary meetings could have created world’s second biggest oil company amid crude price crisis during pandemic

The chief executives of American oil companies ExxonMobil and Chevron held preliminary talks in early 2020 to explore combining the two largest US oil producers in what would have been the biggest merger of all time, according to people familiar with the matter.

 

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SHORT

Just what America needs: more concentration in industry. Biden's antitrust team, DOJ & FTC must block this merger. BreakThemAllUp

1+1=1

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