High Court Rebuffs Nev.'s Energy Crisis Antitrust Appeal

Law360, New York (June 24, 2013, 2:47 PM EDT) -- The U.S. Supreme Court on Monday declined to weigh in on whether the state of Nevada is federally preempted from bringing antitrust claims against a natural gas wholesaler for allegedly causing price spikes through shady trading during a 2000 energy crisis.

In denying certiorari, the high court derailed the Attorney General of Nevada's efforts to revive the state's case against Reliant Energy Inc., which purportedly conspired with the defunct Enron Corp. to gouge Nevada customers during a widespread energy crisis between 2000 and 2001. That case...
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