Oil companies formed cartel, says competition watchdog By Elias Hazou
IN A LANDMARK ruling, the Commission for the Protection of Competition (CPC) said yesterday oil companies had engaged in price-fixing and cartel-like behavior as unsuspecting motorists gassed up at the pump.
The watchdog’s damning verdict found that the four major companies-- EKO Hellenic Petroleum, Petrolina, Lukoil, and Exxon Mobil—w... Read more »