The Hungarian Competition Authority accepts commitments concerning changes made to the gas oil wholesale listed prices in relation to an allegation of abuse of dominance (MOL)

GVH has accepted commitments offered by the MOL* The Gazdasági Versenyhivatal (GVH, the Hungarian Competition Authority) has accepted commitments offered by MOL Magyar Olaj-és Gázipari Nyrt (MOL – the Hungarian Oil Company). According to the commitments, in the next 5 years the changes made to the gas oil wholesale listed prices of MOL, which are counted on an annual average basis, will be tighter (within a range of +/-1%) and will reflect the changes made to the Platts’s references prices. The commitments have been accepted by the GVH in the hope that they will result in the creation of a calculable pricing policy, and that they will facilitate the entry of potential competitors into the market of crude oil. Following the stock prices more accurately by MOL, as a result of the

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Hungarian Competition Authority, The Hungarian Competition Authority accepts commitments concerning changes made to the gas oil wholesale listed prices in relation to an allegation of abuse of dominance (MOL), 11 June 2014, e-Competitions Bulletin June 2014, Art. N° 67236

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