“Esso and Shell have engaged in conduct together to restrict competition and create artificial barriers to new competitors,” El Salvador’s anti-monopoly regulatory commission said.
SAN SALVADOR — The Salvadoran government has accused oil companies Esso Standard Oil and Royal Dutch Shell PLC’s local subsidiary of price fixing and fined them US$852,000 each. The fines were announced late Tuesday in a government statement, and officials warned that there would be more sanctions unless the two...
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