The U.S. filed a lawsuit to block a merger between two of the largest oil services companies Halliburton and Baker Hughes on antitrust grounds.The Department of Justice said Wednesday that the transaction threatens to eliminate competition, raise prices and reduce innovation in the oilfield services industry.”The proposed deal between Halliburton and Baker Hughes would eliminate vital competition, skew energy markets and harm American consumers,” said Attorney General Loretta E. Lynch. ...
