For a number of reasons that economists know all too well – one of them being the homogeneity of the product in question –, competition issues in the fuel sector have remained elusive for competition authorities. Notwithstanding a number of sectoral inquiries conducted in different jurisdictions, competition law has seldom been applied successfully to this sector.
A recent amendment to the German competition law (GWB) takes a different approach on this issue and focusses on transparency in fuel prices, namely on making them available to consumers in real time. The press release of the German Competition authority can be found here and the amendment to the GWB is available here (text in German).
Sem comentários:
Enviar um comentário