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Michigan Files Antitrust Lawsuit Against Big Oil Over Renewable Energy Suppression
ByAinvest
Sunday, Jan 25, 2026 11:36 am ET1min read
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Michigan Attorney-General Dana Nessel filed an antitrust lawsuit against four major oil companies (BP, Chevron, Exxon, Shell, and the American Petroleum Institute) for allegedly colluding to prevent competition from renewable energy and electric vehicles. The suit claims the companies have acted as a cartel, suppressing information about the viability of alternatives and diverting capital expenditures away from renewable energy. The lawsuit asserts the companies have hindered the development of electric vehicles and renewable energy technologies for decades.
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