This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

US FTC chairman lauds Texas court denying BlackRock bid to dismiss energy antitrust suit

( August 1, 2025, 19:45 GMT | Official Statement) -- MLex Summary: Federal Trade Commission Chairman Andrew Ferguson said a US court denying asset managers BlackRock, State Street and Vanguard's motion to dismiss an antitrust lawsuit brought by a group of states led by Texas is a "huge win for President Trump’s mission to unleash American energy dominance and lower costs for consumers and businesses." Ferguson said in a post on X that the Eastern District of Texas court cited the FTC’s amicus brief more than seven times in its decision allowing the case to move forward. "The FTC will not stand by while companies block energy production and raise prices on Americans to advance the agenda of left-wing radicals, as the States’ complaint alleges," he said. Text from X posts follow:...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections