No evidence fuel operators coordinated price increases but report found delays in passing on excise cut

Report finds there is competition between forecourt operators

Motorists have been severely impacted by fuel price increases this year.

Petrol and diesel stations across Ireland did not coordinate price increases when fuel prices soared earlier this year an analysis by Ireland’s competition watchdog has found.

The Competition and Consumer Protection Commission (CCPC) received more than 200 complaints about the retail motor fuel market from the public raising a variety of issues including lack of competition amongst fuel stations, petrol stations coordinating price increases and stations failing to pass on the cut in excise the Government introduced to ameliorate the situation.