Texas Scorecard by Sydnie Henry December 8, 2025
The settlement safeguards Texans from paying millions more for power. Attorney General Ken Paxton, in partnership with President Donald Trump’s Department of Justice, announced a major antitrust settlement aimed at preserving competition in Texas’ electricity markets and preventing potential price hikes on Texans.
The agreement requires Constellation Energy Corporation and Calpine Corporation to divest two electricity-generating plants in Texas before completing their proposed $26.6 billion merger.
Texas and the Trump DOJ brought the case under Section 7 of the Clayton Act, which prohibits mergers that may substantially lessen competition or tend to create a monopoly.
In a civil antitrust complaint filed in federal court, Texas and the Trump DOJ alleged that Constellation’s proposed acquisition of Calpine would significantly reduce competition in wholesale electricity markets, including the grid operated by the Electric Reliability Council of Texas (ERCOT).
More:
https://texasscorecard.com/state/paxton-trump-doj-secure-settlement-to-protect-texans-from-higher-energy-costs/
