Dunn Lambert, LLC
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Dunn Lambert, LLC
comprehensive legal services for businesses call 201-957-0874

Posts tagged "utilities"

U.S. utility mergers encountering fewer obstacles for approval

In 2006, state officials repeatedly shot down attempts for a merger between Exelon and Public Service Enterprise Group Inc., a utility company based in Newark, New Jersey. Antitrust regulators were concerned that such a move might allow the resulting company to monopolize regional power markets and gouge prices. Other proposed utility mergers were rejected as well, due to companies unwilling to make all the concessions requested of them by regulators.

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