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WASHINGTON (Reuters) – Two Republican appointees to the Federal Trade Commission (FTC) asked the White House to disclose any “mounting evidence” of potentially illegal conduct behind high gas prices.
FTC Commissioners Noah Phillips and Christine Wilson asked the White to share the evidence “so that we might consider how to proceed.” Last week, President Joe Biden told FTC Chair Lina Khan there was “mounting evidence of anti-consumer behavior by oil and gas companies” and he urged the commission “further examine what is happening with oil and gas markets.”
