Total SA, Europe’s third-largest oil producer, units received complaints from France’s antitrust agency as part of an investigation into the propane and butane industry. The French authority sent a so-called statement of objections in July regarding antitrust practices in the liquefied petroleum gas market, Total and UGI said in separate U.S. Securities and Exchange Commission filings.
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The European Commission, the European Union’s antitrust regulator, in 2005 fined Total SA’s Atofina unit, now called Arkema SA, 58.5 million euros ($83.3 million) for rigging prices of monochloroacetic acid, a chemical used in detergents.
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