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Australia to start probing petrol stations
They are in the spotlight for possible price fixing after lawmaker accuses some of failure to pass on oil plunge
Add BT as a preferred sourcePublished Thu, Jan 15, 2015 · 09:50 PM
Sydney
AUSTRALIAN authorities said on Thursday they would start investigating petrol stations without warning for possible price fixing after a lawmaker accused some of failing to pass on huge falls in the oil price to consumers.
The probe will put additional pressure on firms like Chevron Corp and its half-owned retail subsidiary Caltex Australia Ltd, Britain's BP plc and Dutch Vitol which dominate Australia's service station industry.
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