France fines TotalEnergies, Rubis, EG Group $217m for Corsica anti-trust violations

France’s anti-trust authority has imposed a fine totalling €187.5m ($217.3m) on TotalEnergies, Rubis and EG Group for engaging in an anti-competitive agreement that led to higher fuel prices in Corsica. The Mediterranean Island of Corsica depends on cars for transportation, and all fuel imports there are distributed through Dépôts Pétroliers de la Corse (DPLC) depots. DPLC is jointly owned by TotalEnergies, Rubis and EG Group. The penalty follows an investigation into agreements that restricted access t ...