Plaintiffs: Oil Companies Conspired To Fix Gasoline Prices, Violated Sherman Act

(June 6, 2024, 1:52 PM EDT) -- ALBUQUERQUE, N.M. — A construction company and other parties sued numerous oil and gas companies in New Mexico federal court contending that they have violated the Sherman Act and state antitrust and consumer protection laws by conspiring to “coordinate, and ultimately constrain domestic shale oil production, which has had the effect of fixing, raising, and maintaining the price of retail gasoline” throughout the country....

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