German Antitrust Authority Investigates Potential Competition Issues in Fuel Wholesale Market
The Bundeskartellamt is examining structural problems in the fuel wholesale sector, focusing on the role of price information services.
- The Bundeskartellamt has launched an investigation into possible structural disruptions in competition within Germany's fuel wholesale market.
- This marks the first use of a new regulatory tool introduced in 2023, allowing action against structural market issues without requiring evidence of specific legal violations by companies.
- The investigation centers on price information services, which the authority believes could increase risks of collusion and price manipulation in the market.
- Two major providers of price data, Argus Media and S&P Global, are under scrutiny for their influence on wholesale fuel pricing mechanisms.
- The authority aims to determine if long-term structural problems exist and, if confirmed, plans to implement measures to restore competitive conditions.