Kenny P on the case!
Kenny P on the case!
Texas is leading a new lawsuit with 10 other red states against BlackRock, Vanguard and State Street for allegedly breaking antitrust law by colluding to suppress coal - causing electricity prices to spike.
"Competitive markets — not the dictates of far-flung asset managers — should determine the price Americans pay for electricity," wrote Texas Attorney General Ken Paxton in the complaint. . .
>Texas is leading a new lawsuit with 10 other red states against BlackRock, Vanguard and State Street for allegedly breaking antitrust law by colluding to suppress coal - causing electricity prices to spike.
>"Competitive markets — not the dictates of far-flung asset managers — should determine the price Americans pay for electricity," wrote Texas Attorney General Ken Paxton in the complaint.
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[Source](https://www.zerohedge.com/geopolitical/electric-revenge-texas-sues-blackrock-and-others-conspiring-quash-coal-sending-energy)
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