Total SA Wins Antitrust Appeal Over Alleged Market Manipulation

摘要

French energy giant Total SA and two subsidiaries secured their exit from antitrust litigation over their alleged scheme to inflate natural gas prices by manipulating a financial index, whena federal appeals court in Manhattan upheld a decision throwing out the case.The U.S. Court of Appeals for the Second Circuit affirmed a ruling by Judge Lewis A. Kaplan, who let Total and one overseas business unit out of the case on jurisdictional grounds in July2020 while dismissing the claims against a U.S. subsidiary on the merits.