DC DA File Suit Against Gas Baron Mamo

August 28, 2013

District Attorney General Irv Nathan is giving more scrutiny to D.C. gas baron Joe Mamo, who owns nearly half of the District’s gas stations. The District filed suit yesterday against Mamo, three of his companies, and ExxonMobil, alleging that Mamo’s agreements with Exxon unfairly eliminate competition from other gasoline wholesalers. Mamo owns gas stations, sells wholesale gasoline to the station dealers from Exxon, and, Nathan alleges, forces the dealers who run his gas stations to buy Exxon gasoline from his own company. That cuts out other Exxon wholesalers who could sell to the stations, according to the attorney general, hurting District consumers’ chances at lower prices. (WCP)

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