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Green Competitor Collaborations: Friend or Foe?

Amy E McFarlane and Jordan Woods

The Net Zero Banking and Insurance Alliances, initiatives enabling major institutions to play a key role in decarbonizing the global economy, are at risk of collapsing due to antitrust concerns. Do alliances among competitors in the name of ESG ("green cartels") harm competition? Discuss the emerging tensions between antitrust law and efforts to promote carbon reductions in the US and Europe.