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Civil Litigation,
Antitrust & Trade Reg.

Jul. 1, 2020

Class action accuses energy traders of inflating gas prices

Two energy trading firms allegedly inflated gasoline prices in California through a complex scheme that might have cost consumers billions of extra dollars at the pump, according to a proposed antitrust class action.

Two energy trading firms allegedly inflated gasoline prices in California through a complex scheme that might have cost consumers billions of extra dollars at the pump, according to a proposed antitrust class action.

First mentioned in a similar case filed by state Attorney General Xavier Becerra, Vitol Inc. and SK Energy Americas are accused of taking advantage of market disruptions following a 2015 explosion at a Torrance refinery...

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