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BlackRock, State Street ask for judgment against US states' antitrust claims (corrects*)

( March 17, 2026, 03:59 GMT | Official Statement) -- MLex Summary: BlackRock* and State Street have asked a US judge grant judgment against antitrust claims brought by 13 state attorneys general, which allege the asset managers conspired to artificially constrict the market for coal through anticompetitive trade practices. The states lack antitrust standing to pursue damages on behalf of electricity purchasers, coal purchasers, or coal-fired power companies as their alleged injuries are too remote, and those entities can pursue their own interests in litigation if they so choose, the defendants' joint motion for summary judgment filed in the Eastern District of Texas said....

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