FTC asked to drop antitrust suit against large oil firms

Choudhury, Pravat
February 1982
Marketing News;2/5/1982, Vol. 15 Issue 16, p12
Trade Publication
The article reports on the drop of a long-standing antitrust suit against large oil firms in the U.S. This action by the Federal Trade Commission's Bureau of Competition's prosecutors should be a welcoming move for the marketing people who are concerned about unrealistic regulatory interference. The case was filed against the Gulf Oil, Mobil Oil, Standard Oil of California, Standard Oil of Indiana, Shell Oil, and Atlantic Richfield. These companies were charged with monopolistic practices and possible price conspiracy. The Bureau of Competition recommended that drastic change in the petroleum industry have resulted in the drop of the suit.


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