The Italian Competition Authority launches an inquiry into oil companies and raids premises searching for alleged anticompetitive parallelism pricing on the basis of Art. 81 EC (Prezzi dei carburanti in rete)

At the end of January 2007, the Italian Antitrust Authority (IAA) launched an investigation under Article 81 of the EC Treaty against nine oil companies, alleging the existence of a price coordination mechanism in the Italian roadside petrol market. The undertakings involved include market leader ENI, other large international groups such as Shell, Total, Tamoil, Kuwait Petroleum and Esso, as well as Italian oil companies ERG and API, which together represent 95% of the supply-side in this market. Simultaneously to the launch of the investigation, the IAA also raided the premises of the undertakings. This new proceedings closely follows another IAA investigation under Article 81 EC (Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato), 14 June 2006,

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  • Freshfields Bruckhaus Deringer (Rome)
  • Freshfields Bruckhaus Deringer (Rome)

Quotation

Gian Luca Zampa, Giovanni Barone, The Italian Competition Authority launches an inquiry into oil companies and raids premises searching for alleged anticompetitive parallelism pricing on the basis of Art. 81 EC (Prezzi dei carburanti in rete), 18 January 2007, e-Competitions January 2007, Art. N° 13399

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