In an article published by Yahoo Finance, Antitrust attorney Derek Mountford shares his insights into the Texas-led antitrust suit against BlackRock, State Street, and Vanguard. He states that while the complaint’s language “signals political motivation,” the litigation could still provide a definitive test of how U.S. competition law applies to asset managers with sizable stakes in rival firms.
Mountford emphasizes that the unresolved issue is whether institutional shareholders should be treated like traditional operators that control competing businesses.
Derek Mountford is a litigator and problem solver who handles a broad range of commercial matters in Florida and, when needed, across the country. His practice focuses on complex, bet-the-company cases that often involve breaches of contract, corporate governance disputes, or alleged antitrust violations.
Derek represents clients in a variety of industries, including transportation & logistics, sports & entertainment, healthcare, real estate, and technology. He also represents financial institutions in matters concerning all aspects of their business, including those arising under the Uniform Commercial Code, fraud, and consumer finance laws.
