FERC moves to narrow jurisdiction over utility mergers after FPA changes

Utility Dive: Changes to FERC's jurisdiction over mergers and acquisitions in the power sector are unlikely to alter the outcome of many deals. State regulators, not federal officials, are typically the biggest hurdle for controversial mergers to clear.

However, narrowing FERC's scope in the M&A space could help alleviate procedural headaches for the commission and its regulated entities. As lawyers from the firm Gibson Dunn noted in September, the absence of a minimum threshold for merger consideration has led to a glut of small mergers coming before regulators.

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