The UK Goes After Fuel Retailers Over Price Gouging

The UK Goes After Fuel Retailers Over Price Gouging

OilPrice.com

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The UK is launching an urgent review into the retail fuel market to see whether retailers have passed on the government's fuel duty cut from March to filling stations, UK Business and Energy Secretary Kwasi Kwarteng said this weekend.   Kwarteng asked the Competition and Markets Authority to conduct an urgent review of the retail fuel market, as well as a longer-term investigation under the Enterprise Act, to explore whether the retail fuel market has adversely affected consumer interests. "Fuel prices are always quick to go up but slow to…

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