AAI Wants Tight Review Of Exelon, Constellation Deal

Law360, New York (November 1, 2011, 6:19 PM EDT) -- The American Antitrust Institute urged the Federal Energy Regulatory Commission on Tuesday to dig deeper into a settlement Exelon Corp. and Constellation Energy Group Inc. have submitted as part of the agency's ongoing review of their proposed $7.9 billion merger.

As part of their efforts to secure the FERC's approval of their tie-up, Exelon and Constellation have asked the commission to approve a settlement of competition concerns they reached with the independent market monitor for PJM Interconnection LLC, the country's biggest power grid, and proceed to...
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