Supreme Court upholds unified Equilon gasoline, product pricing

Shell Oil Co. and Texaco Inc. did not violate federal antitrust laws by unifying gasoline and other product prices in their Equilon Enterprises downstream joint venture, the US Supreme Court ruled Feb. 28. The decision overturned a ruling by the Ninth US Circuit Court of Appeals, which in turn had reversed a federal district court’s ruling in favor of Shell and Texaco.Attorneys for Shell and Texaco, now Chevron Corp., appealed the circuit court’s ruling to the Supreme Court, which heard the case on Jan. 10.The Supreme Court decision was written by Justice Clarence Thomas. The other justices concurred, except for Justice Samuel A. Alito Jr., who was not on the court when it hea...

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