Suncor (Sunoco) Energy Pleads Guilty to Price-Fixing in Belleville, Ontario

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwire) -- 04/13/12 -- The Competition Bureau announced that Suncor Energy Products Inc. (Sunoco) pleaded guilty today to fixing the price of retail gasoline from May to November 2007 in Belleville, Ontario. The Ontario Superior Court sentenced Sunoco to pay a fine of $500,000.

"We are committed to pursuing those who engage in anti-competitive behaviour that harms Canadian businesses and consumers," said Melanie Aitken, Commissioner of Competition. "Illegal agreements between competitors to fix prices deny consumers the benefits of competitive prices and choice."

On March 20, 2012, to fixing the price of retail gasoline from May to November 2007 in Kingston and Brockville, Ontario, and were fined a total of $2 million.

Price-fixing conspiracies are difficult to detect and prove. High or identical prices are not in and of themselves evidence of criminal activity. There must be evidence that competitors have made an illegal agreement to set those prices. When there are substantiated allegations of wrongdoing in the marketplace, the Bureau will not hesitate to take action.

For further information on the investigation, price-fixing and the Bureau's investigative tools, please consult our regarding the March 20th announcement.

The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.





Contacts:
For media enquiries, please contact:
Media Relations
Tel.: 819-994-5945
Email:

For general enquiries, please contact:
Information Centre
Competition Bureau
819-997-4282 or Toll free: 1-800-348-5358
TTY (hearing impaired): 1-800-642-3844

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKETWIRE
Datum: 13.04.2012 - 17:33 Uhr
Sprache: Deutsch
News-ID 134868
Anzahl Zeichen: 0

contact information:
Town:

OTTAWA, ONTARIO

Kategorie:

Government & Administration

Diese Pressemitteilung wurde bisher 239 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Suncor (Sunoco) Energy Pleads Guilty to Price-Fixing in Belleville, Ontario"
steht unter der journalistisch-redaktionellen Verantwortung von

Competition Bureau Canada (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Ruling Confirms That Commissioner Can Pursue Case Against Direct Energy ...

OTTAWA, ONTARIO -- (Marketwired) -- 03/27/15 -- Competition BureauThe Competition Bureau today welcomed a ruling that allows it to proceed with its case against Direct Energy Marketing Limited (Direct Energy) for water heater return policies and pro ...

Competition Bureau's Anti-Cartel Day: Helping Businesses Detect and Prevent ...

OTTAWA, ONTARIO -- (Marketwired) -- 03/26/15 -- The Competition Bureau is helping to educate businesses on how to identify cartel activities with new informative videos and web pages to mark its second annual Anti-cartel Day.Cartels arise when group ...

Competition Bureau Will Not Challenge Postmedia's Acquisition of Sun Media ...

OTTAWA, ONTARIO -- (Marketwired) -- 03/25/15 -- Competition BureauFollowing an extensive 5-month review of Postmedia's proposed acquisition of Sun Media's English-language media assets (including print newspapers and digital properties), t ...

Alle Meldungen von Competition Bureau Canada