The Norwegian Competition Authority closes its investigation against two companies after they agree to stop publishing recommended list prices for retail fuel (Circle K / YX)

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Norwegian Competition Authority, Circle K / YX, Press release, 15 October 2020

Closes investigation against Circle K and YX* The Norwegian Competition Authority has today closed an investigation against Circle K Norge AS and YX Norge AS. The two companies have agreed to end their practice of publishing recommended list prices for retail fuel on their websites. Autumn 2019, the Competition Authority opened an investigation against Circle K and YX due to concerns that Circle K and YX cooperated on setting retail fuel prices. In particular, the Authority was concerned that the publishing of recommended list prices facilitated parallel national lifts on pump prices. Such behaviour may be in breach of the prohibition against anticompetitive agreements and concerted practices. – We have been concerned about competition in the fuel market for some time,

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Norwegian Competition Authority, The Norwegian Competition Authority closes its investigation against two companies after they agree to stop publishing recommended list prices for retail fuel (Circle K / YX), 15 October 2020, e-Competitions Commitment Decisions, Art. N° 97813

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