A PYMNTS Company

Canada: Oil co guilty of price-fixing in Quebec, Bureau applauds

By  |  August 12, 2013

Canada’s Competition Bureau announced Friday that oil company Les Pétroles Global Inc has been found guilty of fixing prices in several areas of Quebec. The ruling came after a probe by the Bureau following a trial in the Quebec Superior Court. The company, based in Ontario, was first accused of the conspiracy in 2008 for colluding to manipulate gas prices throughout Quebec. Sentencing will occur at a later date, according to a press release offered by the Bureau. According to Commissioner of Competition John Pecman, the ruling “sends a clear message that price-fixing activities will not be tolerated in Canada.” Individuals from Les Pétroles had previously plead guilty in years past.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Competition Bureau

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.