MURPHY, BLUMENTHAL, COLLEAGUES CALL ON DOJ TO IMMEDIATELY LAUNCH FULL COURT PRESS AGAINST BIG OIL TO PREVENT AND PROSECUTE COLLUSION & PRICE FIXING
WASHINGTON—U.S. Senators Chris Murphy (D-Conn.) and Richard Blumenthal (D-Conn.) joined 22 Senate Democrats in a letter to Attorney General Merrick Garland and Assistant Attorney General for Antitrust Jonathan Kanter calling on the U.S. Department of Justice (DOJ) to use every tool at its disposal to prevent and prosecute collusion and price fixing in the oil industry. The senators called for the DOJ to launch an industry-wide investigation into possible violations of the Sherman Act to hold any bad actors accountable and to redress any harms to competition and consumers. The letter also outlined how Big Oil’s alleged collusion with the Organization of the Petroleum Exporting Countries (OPEC) is a national security concern that aids countries looking to undermine the U.S. The…
