Watchdog explains real reason supermarket fuel was so expensive last year

  • 📰 nottslive
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 52%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The Competition and Markets Authority has called for new legislation to protect drivers

Increased supermarket profit margins led to drivers paying an extra 6p per litre for fuel last year, an investigation has found.

Watchdog the Competition and Markets Authority said average supermarket fuel margins rose by 6p per litre between 2019 and 2022. The inquiry also found that an increase in margins on diesel across all fuel retailers cost drivers an extra 13p per litre during the first five months of this year. The CMA recommended that the Government introduces legislation to enable a fuel finder open data scheme to be created.Supermarket giant Asda was fined £60,000 by the CMA for failing to provide relevant information in a timely manner.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in LAW

Law Law Latest News, Law Law Headlines