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Peabody-Arch competition benefited coal customers, utility executives testify

By Brian Baker
  • 15 Jul 2020 17:38
  • 15 Jul 2020 17:38
Competition between Peabody Energy and Arch Resources benefited customers of Southern Powder River Basin coal, two utility executives testified today during a preliminary injunction hearing in which the US Federal Trade Commission is seeking to halt the companies’ proposed joint venture.
“It certainly has benefited us to have multiple competitors

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