Utility Dive•5 months ago
With antitrust settlement, Constellation set to become largest US wholesale power provider
- •Constellation is set to become the largest US wholesale power provider following an antitrust settlement with the Department of Justice (DOJ).
- •This settlement marks the first DOJ electricity merger antitrust consent decree in 14 years, indicating renewed and heightened regulatory scrutiny of market consolidation.
- •A separate, ongoing antitrust case against Duke Energy, now urged by the U.S. solicitor general to proceed to the Supreme Court, further emphasizes the DOJ's focus on market power.
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