Texas sued BlackRock for energy manipulation - FTC and DOJ backed the case — documented evidence
INVESTIGATING

TX AG: anticompetitive conspiracy via shareholder influence in competing coal companies. May 2025: FTC/DOJ filed statement. First challenge to passive investment concentration.

Texas sued BlackRock for energy manipulation - FTC and DOJ backed the case

FIN·November 15, 2023·By Financial Critics·4.9K upvotes·178 comments
What They Said Was Crazy
'They own everything' is now a federal lawsuit backed by DOJ.
Financial CriticsNovember 15, 2023Source

📄 The Receipts

PRIMARYSource: Texas sued BlackRock for energy manipulation - FTC and DOJ backed the case
www.ftc.gov/news-events/news/press-releases/2025/0...
ARTICLEOpen

⚖️ The Record, Side by Side

What they said vs. what the evidence shows

What They Said
Without merit.

BlackRock · Nov 2023

What Actually Happened
PrimaryARTICLE

Source: Texas sued BlackRock for energy manipulation - FTC and DOJ backed the case

🙈 They Laughed At Us

Without merit.
BlackRock, 2023

⏳ The Vindication Timeline

From “crazy” to confirmed

The Claim Is Made

This is the moment they called it crazy.

📊 How Right We Were

Evidence strength
5/10
Source diversity
3/10
Community consensus100% agree

The People Speak(178)

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