Fuel prices in the overseas départments (DOM): The Autorité de la concurrence has ascertained deviations from the current regulation : it recommends strengthening the price regulations applicable to monopolies and reviewing those of retail prices in order to do away with perverse effects.* After a referral on 18 February 2009 by the Secretary of State for Overseas (Secrétaire d'Etat à l'Outre-mer) regarding competition in the overseas départements, the Autorité expressed an opinion regarding the fuel sector on 24 June 2009. In the DOM, fuels are supplied through monopoly mechanisms: purchasing, freight, refining and storage monopoly in the West Indies and Guyana, but only freight and storage on Reunion. It is for this reason that the prices are regulated. However, the public authorities
Share on
|
|
The French Competition Authority issues an opinion on the fuel prices in the French overseas departments
Press Release published on the official website of the French Competition Authority.
Access to this article is restricted to subscribers
Already Subscribed? Sign-in
Access to this article is restricted to subscribers.
Read one article for free
Sign-up to read this article for free and discover our services.
