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The U.S. Justice Department is examining potential antitrust issues in the market for pressure...

The U.S. Justice Department is examining potential antitrust issues in the market for pressure pumping services, according to Baker Hughes (BHI), owner of the third-largest pressure pumping fleet. The market for the equipment has been oversupplied for more than a year after slumping natural gas prices led to a slowdown in gas-directed drilling, but 2011 saw a push to add capacity in response to a ramp-up in fracking.
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