Price-Fixing Suits Over OPEC Rejected by U.S. Supreme Court
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The U.S. Supreme Court refused to revive two price-fixing lawsuits pressed by gasoline retailers against OPEC-affiliated companies including Venezuela’s state-owned Citgo Petroleum Corp.
The justices today left intact a federal appeals court ruling that said the antitrust lawsuits couldn’t go forward because they would improperly embroil the judiciary in questions of defense and foreign policy.