How many investigations have been launched by government into price fixing by the oil companies? None have ever been able to conclude there is price fixing or collusion.
If joe charges 78.9 and pete across the street is charging 79.9 obviously joe is going to get the business. Pete looks across the street at the sign sees 78.9 and realizes why his station is slow. Drops price to 78.9 business picks up. Pretty easy to match prices when they are displayed on the sign in numbers that are 18" tall.
Now lets all go make our tinfoil hats.
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