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A California lawsuit accuses major petrol retailers including Walmart, BP, Marathon Petroleum and 7-Eleven of deploying artificial intelligence to illegally manipulate pump prices, potentially costing drivers billions annually in a state already burdened with the nation's highest fuel costs.
Major fuel retailers including BP, Marathon Petroleum, and 7-Eleven face a class action lawsuit alleging they used AI technology to coordinate prices across California, potentially inflating pump costs by up to 30 cents per gallon.
Singapore shipping magnate Teo Siong Seng and other container industry executives have been named in two separate civil lawsuits filed in California, alleging involvement in a global price-fixing scheme that artificially inflated container prices and cost US businesses millions.
Japan's Fair Trade Commission has raided six leading ice cream manufacturers on suspicion of operating a price-fixing cartel, with officials allegedly coordinating price increases through emails and meetings since around 2022.