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Eversource, Avangrid beat electricity antitrust suit at First Circuit

By Richard Vanderford ( September 18, 2019, 21:11 GMT | Insight) -- Eversource Energy and Avangrid, power companies accused of anticompetitvely raising electricity prices by bottling up the natural gas supply, can't be sued by electricity buyers under antitrust laws, a US federal appeals court said. The decision upholds a lower court finding that the conduct falls under the jurisdiction of the US Federal Energy Regulatory Commission.Eversource Energy and Avangrid, power companies accused of anticompetitvely raising electricity prices by bottling up the natural gas supply, can't be sued by electricity buyers under antitrust laws, a federal appeals court said. ...

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