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News // Crime

Unocal Accused Of Monopoly

05 March 2003 , 07:131629
The US Federal Trade Commission sues Unocal Corp. for illegally using clean-fuel patents. The company was accused of gaining a monopoly in the Californian gasoline market.

The FTC said that monopolian Unocal's behavior could cost consumers up to $500 million a year or five cents per gallon of gasoline.

Unocal has denied all accuses concerning misleading California regulators.

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