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ESG Newsletter

    FTC, DOJ Weigh in on Republican States’ Coal Antitrust Case Against ‘Big Three’ Asset Managers

    2-Jun-2025 8:24:48 AM

    2025-05-28

    ESG Dive: Texas Attorney General Paxton initially filed the lawsuit against the nation’s three largest asset managers in November, supported by 10 other Republican-led states. The lawsuit alleges BlackRock, Vanguard and State Street acquired “substantial” holdings in public coal companies and then pushed those companies to reduce their output.

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    Topics:North America

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