( September 22, 2026, 20:21 GMT | Official Statement) -- MLex Summary: Michigan lacks standing to bring US antitrust claims accusing BP, Chevron, ExxonMobil, Shell and the American Petroleum Institute of conspiring to reduce innovation and output (and thereby increase prices) in the state's transportation energy market and primary energy market, according to a federal judge. "[T]he alleged conspiracy's success at entrenching supracompetitive fossil fuel prices depends on numerous market forces besides defendants, such as technological developments, other investors, and the public's interest in renewable energy, as well as the supply of fossil fuels. To award Michigan monetary relief, the court would need to disentangle these market forces from defendants' decades-old conspiracy to determine how much lower energy prices would be if defendants had not engaged in the conspiratorial conduct Michigan alleges," District Judge Jane M. Beckering said in an order for dismissal. See attached file....
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