Bill To Allow Suits Against OPEC Clears House

Law360, New York (May 21, 2008, 12:00 AM EDT) -- The U.S. House of Representatives has voted overwhelmingly in favor of allowing the Department of Justice to launch antitrust lawsuits against international oil cartels and investigate gas price-gouging.

The Gas Price Relief for Consumers Act passed the House on Tuesday by a 324 to 84 vote.

If signed into law, the act would allow the Justice Department to sue members of the Organization of Petroleum Exporting Countries for colluding on oil supply and prices. It would also set up a new antitrust task force to watch...
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