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International Business Times
International Business Times
Business
AFP News

US Democrats Call For Criminal Probe Into Big Oil Price-fixing

Senate Minority Leader Chuck Schumer urged the Justice Department to "use every tool" to prevent and prosecute price-fixing (Credit: AFP)

Senate Majority Leader Chuck Schumer and nearly two dozen Democrats called on the Justice Department Thursday to investigate the oil and gas industry over allegations of price-fixing.

The senators pointed to an investigation by US antitrust authorities into a high-profile merger that concluded there was evidence of anticompetitive practice by oil executives to boost fuel costs for Americans.

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