OFT to look at petrol price-fixing
If you drive, then chances are, you feel you're being ripped off. Well, you are probably right and the Office for Fair Trading is going to investigate such claims amid allegations of price-fixing on the forecourt. Costs, it seems, are being kept at stupidly high levels despite a fall in crude oil prices.
Claire Hart, director in the OFT’s Services, Infrastructure and Public Markets Group, said: "We are keenly aware of continuing widespread concern about the pump price of petrol and diesel and we have heard a number of ifferent claims about how the market is operating."
"We have therefore decided to take a broad based look at this sector, to provide an opportunity for people to share their concerns and evidence with us."
"This will help us determine whether claims about competition problems are well-founded and whether any further action is warranted."
The OFT will also look at whether supermarkets are killing independent garages, but the likelihood of anything happening with that is slim-to-piss all.