Tamoil, Saras, IP lose Italian appeal over biofuel cartel findings
( May 21, 2026, 13:57 GMT | Official Statement) -- MLex Summary: An Italian court largely upheld the competition authority’s cartel findings against oil companies Saras, IP and Tamoil over coordinated increases to the bio component of fuel prices. Judges said the companies aligned their pricing conduct with Eni and exchanged information. Saras and IP fully lost their appeals, while Tamoil secured a partial reduction of its fine after the court excluded part of 2023 from the infringement period.The rulings (in Italian) are attached....
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