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Italy Antitrust Body Asks Oil Firms For Sicily Price Information

Date : 01/23/2012 @ 10:05AM
Source : Dow Jones News
Stock : Erg (ERG)
Quote : 11.49  -0.07 (-0.61%) @ 9:19AM
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Italy Antitrust Body Asks Oil Firms For Sicily Price Information

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Italy's antitrust authority Monday said it asked 11 companies--including Eni SpA (E), Total SA (TOT) and Royal Dutch Shell PLC (RDSB)--to provide information on their gasoline prices in Sicily, after receiving a complaint.

In a statement, the authority said it has sent requests for information to the companies, which also include Exxon Mobil Corp. (XOM) and ERG SpA (ERG.MI), after Sicilian regional councillor Gaetano Armao complained that pump prices on the island are higher than in the rest of Italy.

The companies must respond "quickly" to the requests on information on prices, as well as on logistics and their source of supplies.

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com



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