EU Said to Ramp Up Oil-Benchmarks Probe With Evidence Request
Regulators may be moving toward sending antitrust complaint
Probe began two years ago with raids on BP, Shell and Statoil
By Gaspard Sebag and Javier Blas: BLOOMBERG.COM: 17 Sept 2015
Major oil companies including Royal Dutch Shell Plc and price publisher Platts were told by regulators to redact business secrets from documents obtained during antitrust raids in a sign the European Union may be moving ahead with a two-year-old probe, according to four people familiar with the investigation.
The redaction request could be a precursor to the European Commission sending a formal complaint, or statement of objections, to some of the firms, said the people who asked not to be named because the investigation into fuel-benchmark rigging isn’t public.
The TRUTH will set you FREE.
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