Conway: Anti-competitive practices lead to higher gas prices
(AP) — Kentucky Attorney General Jack Conway
has sued Marathon Petroleum Co., accusing the company of anti-competitive
practices leading to higher gas prices in the state. Conway said Tuesday that Marathon's
monopoly of wholesale gas supplies has been allowed "to run rampant"
in Kentucky. The company says it disputes
the allegations and will vigorously fight the suit in court. Conway is the front-runner in the state's Democratic primary
for governor next week. Conway
says the federal lawsuit isn't politically timed, saying he has a duty to act
when consumers are being treated unfairly at the pumps. The suit continues an
adversarial relationship between Conway and Marathon. Conway
started investigating gas prices early in his first term in 2008. The suit, among other
things, seeks to end supply agreements that Conway says prevent competition.