The Irish Competition Authority publishes analysis of fuel price movements in the retail motor fuel sector which reveals that the market is competitive

Competition Authority, Irish

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22 Nov 2022

The Irish Competition Authority publishes analysis of fuel price movements in the retail motor fuel sector which reveals that the market is competitive

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Reference

Irish Competition Authority, CCPC analysis of fuel price movements finds market is competitive and explains delay in excise cut being reflected at pumps, Press release, 22 November 2022

The CCPC conducted an analysis of the retail motor fuel sector with particular focus on the 19-day period between 2 and 20 March 2022Rising international prices drove increases in prices at the pump in the period leading up to the excise cut rather than a lack of competitionCCPC found no indications of co-ordinated pricing behaviour in the dataInternational evidence indicates that excise cuts take time to work through a market and are often not seen immediatelyCareful communication of the expectations and market

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Auteur

Irish Competition Authority
Irish Competition Authority (Dublin)

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Citation

Irish Competition Authority, The Irish Competition Authority publishes analysis of fuel price movements in the retail motor fuel sector which reveals that the market is competitive, 22 novembre 2022, e-Competitions November 2022, Art. N° 109695

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