All posts tagged "Antitrustregulations"

SACRAMENTO, Calif. — As lawmakers debate who is to blame for California’s high gas prices, Attorney General Rob Bonta is seeking millions of new dollars to investigate and possibly sue oil companies over the matter. But according to experts, it appears unlikely that such investigations would lead to a court finding significant violations of the law. “The antitrust laws are very narrow,” said Severin Borenstein, director of University of California, Berkeley’s Energy Institute. “What’s illegal is independent companies getting together to set prices or merging in order to become more powerful in......

CHICAGO — Rob Manfred’s response to a question last month about minor league salaries before the All-Star Game took off when the Major League Baseball commissioner said “I reject the premise that they’re not paid a living wage.” Response on social media was swift. In 2020, two years after successfully lobbying Congress to exempt minor-leaguers from federal minimum-wage laws through the Save America’s Pastime Act, MLB opted to give players a salary increase. Players at rookie and short-season levels saw their minimum weekly pay raised from $290 to $400, and players at Class A went from $290 to ......