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Seven oil firms indicted for gasoline price fixing
An 18 month federal grand jury indictment charges seven independent oil companies Crown Central Petroleum Amerada Hess Ashland Continental Kaye Meadville and Petroleum Marketing Corp with antitrust conspiracy for fixing mid Atlantic gasoline prices. A trade association and four individuals are named. penalties include up to 59,000 fines for individuals and 50,000 for corporations and the association.
MENTIONED IN THIS ARTICLE
Baltimore
mid-Atlantic
U.S
Crown Central Petroleum Corp
Amerada-Hess Corp
New York
Ashland Oil Inc
Ashland, Ky
Continental Oil Co
Stamford, Conn
Kaye Oil Co
Chattanooga, Tenn
Meadville Corp
Ardmore, Pa
Petroleum Marketing Corp
McLean, Va