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Old 08.06.2009
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FTC issues rule policing oil price manipulation

FTC issues rule policing oil price manipulation

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NEW YORK — The Federal Trade Commission is issuing a new rule meant to stop price manipulation in the petroleum industry.

The FTC announced Thursday it will prohibit anyone dealing with crude oil, gasoline and petroleum distillates from distorting market conditions by issuing false or misleading statements about prices or output.

more here>> FTC issues rule policing oil price manipulation
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