A federal judge dismissed an antitrust lawsuit in which Michigan accused four major oil companies of acting as a cartel to block renewable energy.
U.S. District Judge Jane Beckering in Grand Rapids on Tuesday rejected a lawsuit filed in January by Michigan Attorney General Dana Nessel, a Democrat, against BP, Chevron, Exxon, Shell, and the American Petroleum Institute.
Nessel claimed they caused Michigan residents to suffer “artificially high home and transportation energy costs.”
She said that defendants acted “as a cartel in an unlawful conspiracy in restraint of trade to forestall meaningful competition from renewable energy in order to maintain their dominance in the transportation energy market and primary energy markets in Michigan and nationally in order to reap windfall, and illegal, profits.”…