( July 22, 2025, 10:02 AM EDT) -- WASHINGTON, D.C. — In a decision that could affect the multidistrict litigation pending against oil and gas companies for alleged antitrust violations for conspiracy to fix prices, the Federal Trade Commission issued an order setting aside a prior decision by the FTC during the Biden administration that held that Exxon Mobil Corp.’s acquisition of Pioneer Natural Resources Co. violated antitrust law. The FTC said, “No court would ever hold that Exxon’s acquisition of Pioneer violated the antitrust laws.”...