Loose Change: House Democrats to review DOJ’s auto antitrust inquiry

A key House committee says it will review the Justice Department’s (DOJ) antitrust investigation of the four automakers that joined California’s deal on vehicle greenhouse gas standards, underscoring critics’ arguments that the DOJ probe is a political effort aimed at preventing any more auto companies from joining the pact. “There is virtually no antitrust theory that the Justice Department can use to prove that this agreement will unreasonably restrain trade or otherwise violate antitrust laws,” argue House Judiciary Chairman Jerrold...