Quote:
Originally Posted by Donger
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The FTC voted 5-0 to issue the report, but Commissioner Jon Leibowitz issued a sharp statement. He said a handful of refiners more than doubled operating margins in ways not attributable to increased costs after the hurricanes.
"It is equally troubling, however, that most other refiners, who did not technically meet the pricing-gouging test, enjoyed markups of similar magnitude," he said.
Very interesting.