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State Attorneys General Discover Monopolies Are Bad After Approving Last Three

Nov 5, 2026
Summary
Who
Coalition of state attorneys general
What
Challenge Union Pacific's proposed acquisition of Norfolk Southern on antitrust grounds
When
November 5, 2026
Where
Nationwide
The Story

A coalition of state attorneys general has formally opposed Union Pacific's proposed acquisition of Norfolk Southern, arguing the merger would reduce competition in the freight rail industry. The officials filed a joint statement asserting the deal fails the public interest test under federal transportation law. The merger would combine two of the nation's seven Class I railroads, creating a network spanning 32 states. The Surface Transportation Board will review the challenge as part of its approval process.

Editorial

There is a particular rhythm to officials waking up to consolidation after the last three mega-mergers sailed through with their signatures.

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Sources
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