Oil Companies Win Antitrust Appeal
This is a Russia news story, published by Yahoo Finance, that relates primarily to The 9th U.S. Circuit Court of Appeals news.
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AppealsReuters
•Big oil companies defeat US consumer lawsuit over production, prices
80% Informative
Appeals court defeats appeal by consumers who accused oil companies of colluding with Russia , Russia and Saudi Arabia to cut oil production.
The 9th U.S. Circuit Court of Appeals in San Francisco said the claims were largely barred because they addressed political questions.
It also found a lack of proof that the oil companies violated antitrust law by conspiring to raise prices.
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