Showing posts with label antitrust laws. Show all posts
Showing posts with label antitrust laws. Show all posts

Saturday, February 7, 2026

Michigan Lawsuit Calls Big Oil a “Cartel” That’s Driving High Energy Bills – Mother Jones

In a first-of-its-kind complaint, the state's attorney general, Dana Nessel, accused four fossil fuel majors and the top US oil lobbying group last month of acting as a "cartel" to stifle the growth of renewable energy and electric vehicles (EVs), while suppressing information about the dangers of the climate crisis. The conduct, the lawsuit alleged, violates federal and state antitrust laws. 

The companies' "collusion" drove up Michigan utility costs and slowed the transition away from gas-powered cars, according to the filing. Absent the industry's efforts to repress clean technology, EVs "would be a common sight in every neighborhood—rolling off assembly lines in Flint, parked in driveways in Dearborn, charging outside grocery stores in Grand Rapids, and running quietly down Woodward Avenue," it said...

https://www.motherjones.com/politics/2026/02/michigan-lawsuit-big-oil-cartel-high-energy-bills-climate-crisis-accountability/ 


 

Sunday, December 7, 2025

‘This merger must be blocked’: Netflix-Warner Bros deal faces fierce backlash

"The world's largest streaming company swallowing one of its biggest competitors is what antitrust laws were designed to prevent," the statement read. "The outcome would eliminate jobs, push down wages, worsen conditions for all entertainment workers, raise prices for consumers, and reduce the volume and diversity of content for all viewers. Industry workers along with the public are already impacted by only a few powerful companies maintaining tight control over what consumers can watch on television, on streaming, and in theaters. This merger must be blocked."…

https://www.theguardian.com/film/2025/dec/05/netflix-warner-bros-deal-backlash 


Wednesday, March 27, 2024

Visa and Mastercard end swipe fee battle with $30 billion settlement

The settlement, one of the largest in U.S. antitrust history, resolves a 2005 lawsuit alleging that merchants were forced to pay "excessive fees" to accept Visa and Mastercard credit cards, and that the two card issuers and member banks violated antitrust laws. Together, Visa and Mastercard make up about 80% of the credit card market...


Sunday, July 11, 2021








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