In a letter to Assistant Attorney General William Baer and FTC Chairwoman Edith Ramirez, AAI highlights generation capacity withholding in wholesale electricity markets.
The letter stresses the complementary nature of regulation and antitrust in challenging capacity withholding that damages consumers. AAI sketches out the withholding problem, summarizes recent alleged incidents, and encourages antitrust enforcers to use all enforcement tools available (including Section 5 of the FTC Act) and to pursue vigorous remedies when violations are found.