Price fixing in Michigan land deals? Lawmakers call for action in investigation

A news investigation found two natural gas companies might have colluded when bidding on drilling rights in Michigan. Reuters obtained e-mails exchanged between officials from Chesapeake Energy Corp. and Encana Corp. The paper says the e-mails show "that top executives of the two rivals plotted in 2010 to avoid bidding against each other in a state auction and in at least nine prospective deals with private land owners." State lawmakers are pushing for resolution with an investigation.