Spain Raids More Fuel Cos. In Price-Fixing Probe

Law360, New York (July 25, 2013, 2:33 PM EDT) -- Spanish antitrust officials have raided several oil product companies based on suspicion that the companies were coordinating prices for auto fuel distribution, the country's competition authority said Wednesday.

Inspectors from the National Competition Commission, known as the CNC, visited the offices of oil product operators on Monday and Tuesday as the agency continues to investigate the possibility that the companies have been fixing prices and other commercial terms for gas distributed at service stations, the watchdog said.

The agency already raided several other operators and a...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.