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Report: Companies Colluded to Drive Up Electricity Prices

A newly unsealed report suggests energy companies deliberately manipulated California's electricity market. The report details conversations between the Williams Cos. and AES Corp., in which employees talk about extending power plant outages to profit from higher prices. Hear NPR's Scott Horsley.

Copyright 2002 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
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