German Antitrust Office Rejects Centralized EV Charging Price Comparison
The Bundeskartellamt argues that publishing EV charging prices could facilitate price coordination among providers, unlike its fuel price transparency initiative.
- The Bundeskartellamt, Germany's antitrust authority, will not create a centralized system for comparing electric vehicle charging station prices.
- Andreas Mundt, the agency's president, expressed concerns that such a system might enable charging providers to align their prices, reducing competition.
- In contrast, the agency has been monitoring and publishing fuel prices for over a decade, providing data to apps that help consumers find cheaper options.
- Mundt explained that fuel companies already closely monitored each other's prices before the transparency system, making price coordination less of a concern in that market.
- The antitrust office emphasizes that while fuel price transparency benefits consumers, replicating this approach for EV charging could unintentionally harm market competition.