DOJ, FTC Urged To Launch Antitrust Probe Of Oil Industry

Law360, New York (August 21, 2013, 3:14 PM EDT) -- A bipartisan pair of U.S. senators have asked the Federal Trade Commission and U.S. Department of Justice to investigate possible anti-competitive practices in the oil industry, expressing concern that some companies could be blocking consumer access to renewable fuels.

In a letter dated Aug. 2 but released Tuesday, Sens. Chuck Grassley, R-Iowa, and Amy Klobuchar, D-Minn., said they've heard multiple examples of oil industry policies that preclude gas stations from offering renewable fuels. Particularly, the letter said, the oil industry might be taking steps to curb...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.