Watchdog ‘deeply concerned’ that firms have ramped up petrol and diesel prices at expense of consumers
Retailers have been accused of overcharging motorists at the pump by the UK’s competition watchdog, which is “deeply concerned” at signs that companies have ramped up profits at the expense of consumers.
The latest Competition and Markets Authority (CMA) monitoring report found that from the end of May to the end of August the average cost of petrol climbed 1.9p a litre to 133.9p, and diesel rose 3.5p to 141.9p.
Continue reading…Competition and Markets Authority, Petrol prices, Retail industry, Supermarkets, Business, Motoring, Regulators, Money, UK news, OilRead More
You might also be interested in reading Sam Bankman-Fried’s perspective on FTX fall.