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Philippines: Chevron slammed with price-fixing allegations at pumps

By  |  June 25, 2013
Philippines: Chevron slammed with price-fixing allegations at pumps

The Justice Secretary of the Philippines Leila de Lima announced that she expects a petition filed with regulators against gas giant Chevron Philippines to be reviewed in a swift manner and for a resolution to be reached by the Office of Secretary without delay. Chevron is accused of anticompetitive business practices including price-fixing and unfair trade; local fuel distributor Petroleum Distributors and Services Corporation filed the charges against the company. According to the distributor, Chevron fixed fuel prices at gas stations through product maker Caltex Coco.

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    Full Content: Manila Standard Today

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