Natural-Gas Suppliers Must Face Suit, U.S. High Court Rules
The decision upholds a lower court’s conclusion.
A March 12, 2015 photo shows the US Supreme Court in Washington, DC.
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The U.S. Supreme Court said natural-gas suppliers, including Duke Energy Corp. and CMS Energy Corp., must defend against lawsuits claiming they manipulated prices during the 2000-02 California energy crisis.
The 7-2 ruling keeps alive suits that seek billions of dollars. The majority said federal energy law leaves room for state-law antitrust claims filed by natural-gas buyers.