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Sen. Charles Schumer wants investigation of road salt sellers
Posted: 02.08.2011 at 5:58 AM
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(AP) -- Sen. Charles Schumer wants the Federal Trade Commission to investigate possible collusion and price gouging in the road salt market.

Schumer was at the Hudson Valley city of Kingston's salt storage facility today to talk about the issue. He says towns and counties throughout New York state have had to set aside larger portions of their budgets for road salting and snow removal in response to record snowfall and skyrocketing prices.

A month ago, the Ohio inspector general's office reported that the state may have overpaid the Morton and Cargill salt companies up to $59 million. But it didn't find any evidence that the companies communicated on salt bids.

The companies said the report's conclusions weren't supported by facts.

(Copyright ©2011 by The Associated Press. All Rights Reserved.)

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