CCPC investigating 240 fuel complaints
Commission has written to one trade association and two fuel companies about the competition law risks of making public statements about future increases in fuel prices
26 July 2022 | 0
More than 200 complaints about fuel pricing are being investigated by the Competition and Consumer Protection Commission (CCPC), including “some allegations of collusion”.
According to The Farming Independent, some complaints allege filling stations have “exploited” the economic situation “to raise fuel prices and increase profits”.
It has also been alleged that filling stations “failed to pass on” the government’s excise duty cut on petrol and diesel introduced in March. At least two objections related to farming diesel have been lodged, the CCPC confirmed.
A spokesperson for the CCPC said that following the introduction of the government’s excise duty cut: “We received approximately 240 complaints from the general public about fuel pricing.
“In general, these complaints alleged that filling stations had failed to pass on the excise duty reduction in a timely manner, or that they exploited the economic situation to raise fuel prices and increase profits.
“Some complaints included allegations of collusion,” the spokesperson continued. “We have also received a number of complaints relating to allegations of filling stations turning off roadside pricing displays.”
The CCPC said that it is “engaging with complainants and the industry” but was unable to say when it would be in a position to give an update.
The Commission also confirmed it has written to one trade association and two fuel companies about the competition law risks surrounding making public statements about future increases in fuel prices.