Gov. Gavin Newsom’s push to prove price gouging by oil companies may have run into a surprising obstacle: federal antitrust law.
Oil companies say these laws prevent them from handing over the information that would be necessary to show whether they’re coordinating or manipulating prices. This might seem like a contradiction. The foundational federal antitrust law, the Sherman Antitrust Act of 1890, was passed partly in response to the crea...
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