Oil refineries take advantage of war to collude under Article 14 and abuse power
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Prosecutors, Oil Bank, SK Energy, and other prosecution companies also jump on the bandwagon...
Prosecutors, Oil Bank, SK Energy, and other prosecution companies also jump on the bandwagon... A driver is putting gas in a gas station in downtown Seoul on the 6th, when the industry-wide Article 26 prosecutors brought a domestic oil refinery company and its employees to trial on charges of fixing oil prices. Yonhap News Oil refiners HD Hyundai Oilbank and SK Energy were put on trial on charges of raising oil prices by engaging in price fixing worth 14 trillion won immediately after the start of the U.S.-Iran war. GS Caltex and S-Oil also jumped on the bandwagon...
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