GSA asks regulators to reject Pepco-Exelon deal: Washington Post

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Attorneys for the General Services Administration said the deal subsidizes the rates of residential customers at the expense of federal taxpayers, the Post said, citing filings it had reviewed.

The $6.8 billion deal should therefore be found to be not in the public interest unless changes­ are made, the agency said, according to the newspaper's report.

Pepco and Exelon did not immediately respond to requests for comment.

(Reporting by Sneha Banerjee in Bengaluru; Editing by Shounak Dasgupta)