Mike (ex-f-221)
Well-known member
Hi everyone,
those who get wet eyes at the pump here is an information from Germany that should wipe away your tears.
Gas: US$ 8,07/gal
Diesel: US$ 7,13/gal
Remark: Prices and exchange rate from 5/23 2011
The news today (software-translated):
"Only five companies dominate the petrol market in Germany. The consumer pays therefore more for gasoline than needed, says a new study of the Federal Cartel Office.
Driver in Germany are dealing shell, Jet, Esso, BP, total, namely Aral, according to the Federal Cartel Office in the business of filling station with a dominant group of fewer companies. This small circle of providers can control about 70 percent of fuel sales.
"We have the working hypothesis of an oligopoly already for a long time," said Kartellamt spokesman Kay Weidner on Sunday of the dpa News Agency and confirmed that a report of the "image on Sunday". The results of a study of the competition authorities stressed, "that it is to such an and thus just to market structures, which are detrimental to competition".
This is not the method of pricing of the companies. "We have never dealt with the suspicion of possible price fixing, which is a different site," said Weidner. "It is the market structures, and because one must look at what you can do and whether you can do what."
those who get wet eyes at the pump here is an information from Germany that should wipe away your tears.
Gas: US$ 8,07/gal
Diesel: US$ 7,13/gal
Remark: Prices and exchange rate from 5/23 2011
The news today (software-translated):
"Only five companies dominate the petrol market in Germany. The consumer pays therefore more for gasoline than needed, says a new study of the Federal Cartel Office.
Driver in Germany are dealing shell, Jet, Esso, BP, total, namely Aral, according to the Federal Cartel Office in the business of filling station with a dominant group of fewer companies. This small circle of providers can control about 70 percent of fuel sales.
"We have the working hypothesis of an oligopoly already for a long time," said Kartellamt spokesman Kay Weidner on Sunday of the dpa News Agency and confirmed that a report of the "image on Sunday". The results of a study of the competition authorities stressed, "that it is to such an and thus just to market structures, which are detrimental to competition".
This is not the method of pricing of the companies. "We have never dealt with the suspicion of possible price fixing, which is a different site," said Weidner. "It is the market structures, and because one must look at what you can do and whether you can do what."
