In a recent class action settlement, California residents have won a $50 million award over allegations of gas price gouging. The lawsuit, The State of California v. Vitol Inc., et al., alleges that energy companies Vitol Inc., SK Energy Americas, Inc., and SK Trading International Co. Ltd. deliberately manipulated gasoline price indices, causing inflated retail gas prices in violation of California's antitrust laws, including the Cartwright Act and the Unfair Competition Law. This artificial cost manipulation allegedly forced residents to pay higher prices for gas. This settlement is significant because it demonstrates the enforcement of consumer protection laws, protecting people from unethical business practices such as price gouging. Out of the total settlement amount, $37.5 million will be allocated to consumers as compensation for these violations, and $12.5 million will be used by state and local governments to enforce consumer protection laws. If you were a California resident who purchased gasoline in certain counties between February 20, 2015, and November 10, 2015, you may be eligible for a payout from this settlement. The amount you receive will depend on how many valid claims are made. This lawsuit and its resolution highlight the important role of class action lawsuits in holding corporations accountable for their actions. Gas price manipulation can have far-reaching effects on consumers and the economy at large, and this settlement sends a strong message to other companies about the consequences of such behavior. The case also underscores the importance of consumer protection laws in safeguarding individuals from unfair competitive practices. This settlement serves as a reminder of the power consumers have when they band together to challenge corporate misconduct.