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ARTICLE · 16 OCTOBER 2023

State AG Updates: September 14-20, 2023

Crowell & Moring LLP
Crowell & Moring LLP
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Crowell & Moring LLP

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Each week, Crowell & Moring's State Attorneys General team highlights significant actions that State AGs have taken. Here are this week's updates.

United StatesMedia, Telecoms, IT, Entertainment

Each week, Crowell & Moring's State Attorneys General team highlights significant actions that State AGs have taken. Here are this week's updates.

Multistate

  • A multistate coalition of 22 state attorneys general, led by Tennessee Attorney General Skrmetti, sent a warning letter to the Net Zero Financial Service Providers Alliance (NZFSPA) stating their coordinated commitments may violate state and federal antitrust and consumer protection laws. The NZFSPA is a collection of financial service firms that have pledged to "accelerate the transition towards global net zero greenhouse gas emissions." The letter warns NZFSPA members that collusion to limit consumer choice or manipulate market outcomes, especially among direct competitors, may be violative of state antitrust and consumer protection laws. The letter suggests NZFSPA members are necessarily acting to artificially restrict supply, restrain trade, inhibit innovation, suppress output, and harm consumers. The

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