(May 12, 2011, WASHINGTON (WUSA) - DC Attorney General Irvin Nathan has begun an investigation of gas pricing in the city to see if monopolistic or anti-competitive practices are boosting the price of gasoline at the pump.
"There are allegations monopolistic and other anti-competitive pricing of gasoline in certain sections of the District of Columbia.
"We have received allegations both from consumers and operators of stations that they are required to purchase at prices that are set on an anti-competitive basis and we are investigating to see if these allegations can be sustained," DC Attorney General Irvin Nathan told 9NEWS NOW.
"If there are monopolistic practices, if prices are set not on a competitive basis but on the fact that certain people have market power, that would violate both federal and District laws and we would seek remedies for that if it could be substantiated," he said.
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(Photo: Darrow Montgomery/ washingtoncitypap |
"We have received allegations both from consumers and operators of stations that they are required to purchase at prices that are set on an anti-competitive basis and we are investigating to see if these allegations can be sustained," DC Attorney General Irvin Nathan told 9NEWS NOW.
"If there are monopolistic practices, if prices are set not on a competitive basis but on the fact that certain people have market power, that would violate both federal and District laws and we would seek remedies for that if it could be substantiated," he said.
One focus of the probe is apparently Capitol Petroleum Group, which owns or operates more than 40 percent of the gas stations in the District.
Some station operators believe they have been forced to pay unfair prices for gasoline. Read more..
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