A recent letter from 21 state Attorneys General to various asset managers demonstrates a focus on using antitrust and unfair competition laws to oppose ESG efforts.
Key Points:
..ESG investing initiatives are not immune from the antitrust laws.
..As ESG investing continues to attract the attention of stakeholders across the political spectrum, participants should assess their ESG investing efforts and consider whether they are susceptible to accusations of unreasonably restraining trade.
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