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Gas retailers fined for fixing pump prices in O

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Gas retailers fined for fixing pump prices in Ontario


Business | 207657 hits | Mar 20 6:31 pm | Posted by: Hyack
4 Comment

Three companies have been fined for fixing the price of gasoline in Kingston and Brockville between May and November in 2007.

Comments

  1. by avatar martin14
    Wed Mar 21, 2012 4:09 am
    I'm shocked, shocked, to find price fixing going on in here.


    Oh and btw, you'll be paying the fines thru higher gas prices.

  2. by avatar martin14
    Wed Mar 21, 2012 4:10 am
    But please bring the Competition Bureau to the Island, gas prices are a serious
    joke around here.

  3. by avatar ShepherdsDog
    Wed Mar 21, 2012 5:04 am
    I didn't find them a laughing matter the last time I was there.

  4. by avatar Hyack
    Wed Mar 21, 2012 7:32 am
    BC doesn't have this problem, the provincial government's taxes on gas (33 per cent) along with their provincial carbon tax on gasoline (5.5 cents per litre and rising to 6.7 cents in July 2012) doesn't leave any room for private enterprise to get in on the action.

    Earlier this year the Canadian Taxpayers Federation released a study claiming Metro Vancouver drivers already pay the highest gasoline taxes in Canada, at 33 per cent.

    In 2010 TransLink raised the existing tax on gas in Metro Vancouver to 15 cents per litre. The provincial carbon tax on gasoline is 5.5 cents per litre and will rise to 6.7 cents in July 2012.


  5. by Regina  Gold Member
    Wed Mar 21, 2012 1:46 pm
    "martin14" said
    I'm shocked, shocked, to find price fixing going on in here.


    Oh and btw, you'll be paying the fines thru higher gas prices.

    :lol:
    I'm shocked they found it.



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