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FTC to open inquiry into oil prices

Posted: June 25, 2013 at 3:25 a.m.

The U.S. Federal Trade Commission has opened a formal investigation into how prices of crude oil and petroleum-derived products are set, mirroring a European Union inquiry into pricing practices in the energy markets, two people familiar with the matter said.

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Business, Pages 21 on 06/25/2013

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