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Coal Monopoly

A federal judge granted the FTC a preliminary injunction to prevent Peabody Energy Corp. and Arch Coal, the two largest coal-mining companies in the U.S., from forming a joint partnership intended to mitigate the effects of the coal industry’s slow decline.

ST. LOUIS — A federal judge granted the FTC a preliminary injunction to prevent Peabody Energy Corp. and Arch Coal, the two largest coal-mining companies in the U.S., from forming a joint partnership intended to mitigate the effects of the coal industry’s slow decline.

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