FTC blames oil giants for high gas prices
The FTC charged major oil companies with using costly advertising to win customers rather than lowering pump prices. A two year study found recurring anticompetitive practices, with 19 major firms controlling most gasoline sold. The report urges tighter pricing power controls and closer merger monitoring.
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Kosygin ends Castro talks in Havana and heads home
Soviet Premier Alexei Kosygin concluded three days of talks with Fidel Castro in Havana aimed at easing Moscow Havana tensions. He was expected to depart Friday, with probable refueling in New York en route to Paris for a meeting with Charles de Gaulle.
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Congressmen condemn Israel delays amid Lib erty attack
Congressional criticism rose as the Defense Department probed a message delay that would have moved the Liberty away from the Mideast war. Officials said Joint Chiefs of Staff orders were sent by normal channels after timing issues, with the ship attacked near the Sinai Peninsula. In the region, Arabs reported casualties and Israeli fire on a launch in the Suez Canal near Bitter Lakes. Egypt warned war could resume if diplomacy fails to recover Arab territories.
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