Gas Cos. Go For Win In BP Propane Monopoly Suit

By Hilary Russ

Law360, New York (March 19, 2010, 2:18 PM ET) -- A group of gas companies has asked a federal judge to issue a summary judgment ruling that BP America Inc. put a stranglehold on supplies of propane when it tried to corner the market in 2004.

The five gas providers filed a motion for summary judgment on their allegations of attempted monopolization and monopolization Thursday in the U.S. District Court for the Northern District of Illinois, arguing that BP already admitted in two agreements with the government that it tried to inflate the price of propane....
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