Concord oil, propane dealer files suit against another firm
At the heart of the case is a telephone conversation that company President Thomas Prescott claims he had with John Rymes, vice president of Rymes Heating Oil.
Prescott was providing the fuel to the competitor using a middle man to hold the fuel for his use.
Prescott’s price was $3.399.
“He’s not just driving people out of business, he’s setting up barriers for anyone else to get into the business,” said Prescott, who said he has lost customers to Rymes’ pricing. “This is not the American way, it’s not the New Hampshire way, it’s horrible,” he said.
He said the price reduction applies to the Concord area only. For example, the Rymes cash price in Keene on Monday was $3.389 a gallon.
He denied speaking to Prescott about prices or competitors.
In the suit, Prescott alleges violations of the New Hampshire Consumer Protection Act when it comes to unfair competition, illegal restraint of trade and illegal monopoly.
Prescott has written letters to the editor to newspapers to complain about Rymes’ practices. And he has taken out newspaper advertisements outside of Concord to compare the local Rymes price, which is usually higher, to the Concord price.
He said the state consumer protection law allows for businesses to sue one another, and that is done frequently. He said an anti-trust claims take a great number of facts and research to succeed.
“Drive around to gas stations,” Boffetti said, “you see different prices for gas all over the place.”
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