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Total Subsidiary Escapes Calif. City’s Gas Price Antitrust Suit

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > Total Subsidiary Escapes Calif. City’s Gas Price Antitrust Suit

Total Subsidiary Escapes Calif. City’s Gas Price Antitrust Suit

Law360 (June 9, 2020, 8:51 PM EDT) — Long Beach, California, can’t pursue antitrust claims against a Total SA unit because the oil and gas company’s alleged manipulation of the U.S. natural gas market didn’t hinge upon it leveraging a position of power to the detriment of other traders, a Manhattan federal court has ruled.

In a decision on Monday, U.S. District Judge Lewis A. Kaplan dismissed all the claims in a proposed class action filed by the City of Long Beach against Total Gas & Power North America Inc.

The ruling granted Total Gas’s bid to ditch the suit, which alleges that the company violated federal antitrust law through…

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