06/21/2010 04:26:00 PM EST
SAfrican watchdog fines oil firms on price-fixing
JOHANNESBURG-(AP) South Africa's anti-competition watchdog says that a number of international oil giants, including Chevron and Shell, are facing hefty fines for price collusion, a punishable offense in South Africa.
South Africa's Competition Tribunal, which investigates companies' competition conduct, said Monday that between 2000 and 2009 oil companies Chevron, Shell, Engen…
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