Blawgletter likes to gripe about the Antitrust Division’s lately lackadaisical record of bringing new price-fixing cases.  Just yesterday, we again taunted the AD.  Little did we know that at that very moment law enforcement officers sprang into action, hauling a bunch of price-fixing execs to the pokey.  Press release here.

The conspiracy?  To fix prices on "marine hose" — thick, flexible tubes that transport petroleum to or from tankers, storage facilities, buoys, and the like.  See a search warrant affidavit and criminal complaint here.  Go get ’em!

Barry Barnett

Feedicon14x14 We fix our feed’s price at zero.