Pump It Up

Law360, New York (May 13, 2011, 5:55 PM EDT) -- There are two gasoline stations, each bearing the name of the same global oil company, across a busy street from each other in Montgomery County, Md. Each station owner pays the same price for the same gasoline delivered by the same truck. Yet recently, one was charging $4.07 for a gallon of regular, unleaded gasoline, while the other was charging $4.19. This 3 percent price difference wasn’t an aberration. The latter station consistently charges a price that is materially higher than the station right across the...
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