Bill Would End Sole-Source Limits In Gas Deals

Law360, New York (May 15, 2007, 12:00 AM EDT) -- A bill aimed at stopping major oil companies from dictating the wholesale source of gasoline through anticompetitive provisions in franchise agreements is up for review by the U.S. House Committee on Energy and Commerce.

Rep. Louise M. Slaughter, D-N.Y., introduced on Thursday the Eliminate Gas Price Discrimination Act, which prohibits sole-source restrictions in gas dealer franchise contracts and allows gas station owners to shop around for the cheapest wholesaler of their brand of gas.

Slaughter, who is the chair of the House Rules Committee, said the...
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