Collusion has always occurred in the oil business, and always will. Back in the '60's, my grandmother was a bookkeeper for a gasolin wholesaler/"jobber" in the area. I once overheard her telling someone that her boss had called the other "jobbers" in the area, because one station in town had dropped his price drastically. The "jobbers" then got together and went to see this station owner's "jobber" to tell him that his retailer needed to "get in line" with everyone else.
Now, my grandmother is a good, honest woman...usually. But when I later asked her about it, she then said that no such thing had ever occurred, and that she had never said anything of the sort. But I know what I heard, and I know that before the day was out, the renegade station owner had "gotten in line" and raised his price to match the other retailers in town.
The reason that collusion isn't ever prosecuted is because, in most cases it comes down to a "he said/she said" situation, and there's no smoking gun like a tape recording of actual conversations. And nothing EVER goes into written form!
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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