US Antitrust Regulators Ought to Foster Local weather Collaboration
Law360 (April 13, 2021, 3:55 p.m. EDT) – The Biden government is committed to using all available policy tools to combat climate change. One overlooked tool that can currently be used is antitrust law – particularly through the issuance of new guidelines regulating and potentially unlocking environmental cooperation between competing companies.
Unlike in Europe, where guidelines for green antitrust law are already being drawn up, little effort has been made in the US to clarify how antitrust law should be applied to joint climate change initiatives in order to force companies to navigate a legal gray area .
Since antitrust law generally prohibits competitors from coordinating price-related behavior, climate pacts that increase costs or reduce production can …
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