Category: state attorneys general

State AGs Charge That Insurance Companies’ Net Zero Agenda May Violate US Antitrust Laws

May 17, 2023
antitrustAntitrust SuitBusiness & MarketsCompaniescorporate collusioninsurance companiesInvestmentstate attorneys generalUSUS News
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Attorneys general from 23 states issued a letter to 28 insurance companies on May 15 requesting information regarding possible violations by the insurers of U.S. antitrust laws. In what could be the first step towards an antitrust lawsuit, the state AGs requested that the insurance companies provide details on their membership in climate associations like…

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State Attorneys General Sound the Alarm About BlackRock, Vanguard Buying Large Stakes in America’s Utilities

December 19, 2022
BlackRockBusiness & MarketsenergyinflationInvestmentstate attorneys generalUSUS NewsutilitiesVanguard
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The acquisition by investment managers BlackRock and Vanguard of ever-increasing shares in America’s public utility companies is setting off alarm bells from conservatives and progressives alike. In April, the Federal Energy Regulatory Commission (FERC) approved a request from BlackRock to increase its ownership up to 20 percent of a public utility’s voting shares without being…

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State AGs Sound the Alarm About BlackRock, Vanguard Buying Large Stakes in Utilities

December 19, 2022
BlackRockBusiness & MarketsenergyinflationInvestmentstate attorneys generalUSUS NewsutilitiesVanguard
0 Comment

The acquisition by investment managers BlackRock and Vanguard of ever-increasing shares in America’s public utility companies is setting off alarm bells from conservatives and progressives alike. In April, the Federal Energy Regulatory Commission (FERC) approved a request from BlackRock to increase its ownership up to 20 percent of a public utility’s voting shares without being…

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