The Minister S Call For An Investigation Into Fuel Prices May Not Be A Political Diversion Nils Pratley
Well, maybe not. Even former executives of the gasoline retail game say privately that competitive tensions in the market are less than intense. In previous episodes when pump prices were headlines, supermarkets, which collectively account for half of the market, reacted with “spend £ 50 in the store and save 10 euros per liter when full” offers. Offers are never as generous as they sound (supermarket numbers are carefully calibrated) but they do affect prices to some degree....