DOJ Weighs Joining Texas BlackRock, State Street Antitrust Case
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The US Justice Department is considering joining a state-led antitrust lawsuit against BlackRock Inc. and State Street Corp., two of the world’s largest asset managers, according to people familiar with the matter.
The potential involvement of the DOJ could add significant weight to the case, which targets the business practices of these major asset management firms.
BlackRockState StreetUS Justice Department
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“The US Justice Department is considering joining a state-led antitrust lawsuit against BlackRock Inc. and State Street Corp., two of the world’s largest asset managers, according to people familiar with the matter.”
Bloomberg — DOJ Weighs Joining Texas BlackRock, State Street Antitrust Case