High court: Energy companies must face price fixing claims

April 21, 2015 2:17 PM

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The Supreme Court says a group of energy companies can be sued under state antitrust laws for illegally manipulating natural gas prices more than a decade ago during California's energy crisis.

The justices on Tuesday ruled 7-2 against American Electric Power Co., Duke Energy Co. and other natural gas traders arguing that federal law precludes state law claims.

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