Biden ESG Push Converges With Steps to Spur Competition (1)

Oct. 12, 2021, 10:00 AM UTCUpdated: Oct. 12, 2021, 2:21 PM UTC

ESG and antitrust issues are starting to converge as Democrats seek ways to boost competition, while pushing companies to become better corporate citizens.

The Securities and Exchange Commission recently received a left-leaning think tank’s recommendations to incorporate market power indicators, such as labor cost metrics and investment calculations, into a set of environmental, social, and governance disclosures that the agency is considering.

The Federal Trade Commission has shown signs that it’s changing the way it investigates companies’ market-power abuse by examining new standards in addition to the traditional scope of whether consumers have been harmed, sowing concerns from Sen. Mike ...

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