The Argentinian Competition Authority concludes the investigation against five oil & gas corporations for imposing discriminatory and excessive prices to public transportation companies (YPF / Shell / Esso / Petrobras / Oil)

On 26 January, 2012 upon recommendation of Argentina’s National Competition Commission (ANCC), the Ministry of Economics & Finance ordered the 5 major oil & gas corporations -namely YPF (participated by Repsol YPF), Shell, Esso (Exxon Mobile), Petrobras and Oil- active in the Argentine diesel markets to stop charging excessive and discriminatory prices to public transportation companies. Moreover, the Ministry has also established that the prices charged to public transportation companies will have to be the same as those charged by these corporations to the rest of the customers through its vertically integrated petrol stations in the relevant geographic areas. Finally, the Ministry will implement a monitoring system to avoid potential future discriminatory treatment to the

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  • Computer and Communications Industry Association (CCIA) (Washington D.C.)

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Marianela López-Galdos, The Argentinian Competition Authority concludes the investigation against five oil & gas corporations for imposing discriminatory and excessive prices to public transportation companies (YPF / Shell / Esso / Petrobras / Oil), 26 January 2012, e-Competitions Bulletin January 2012, Art. N° 42492

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