DOJ Files Lawsuit Against Halliburton-Baker Hughes Merger

The U.S. Justice Department is seeking to block the merger of Baker Hughes and Halliburton, preventing the tie-up of the second and third largest oilfield services companies.
DOJ filed a lawsuit against the proposed merger, which presents a major roadblock to the $35 billion merger. The lawsuit hinges on antitrust grounds, as the combined company would control too much of the oilfield services market.
http://oilprice.com/Energy/Energy-General/DOJ-Files-Lawsuit-Against-Halliburton-Baker-Hughes-Merger.html