FTC Release: FTC and DOJ File Statement of Interest in Energy Collusion Case Against BlackRock, State Street, and Vanguard

Dow Jones

22 May

Statement argues asset managers misapply the antitrust laws in defending coal production collusion allegations that drove up energy prices for consumers

The Federal Trade Commission, joined by the U.S. Department of Justice Antitrust Division, filed a Statement of Interest in a multistate antitrust case against asset managers BlackRock, State Street, and Vanguard.

View Press Release: https://www.ftc.gov/news-events/news/press-releases/2025/05/ftc-doj-file-statement-interest-energy-collusion-case-against-blackrock-state-street-vanguard

(END) Dow Jones Newswires

May 22, 2025 11:37 ET (15:37 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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