Gasoline companies can risk a penalty – after the Swedish Competition Authority’s review

On their websites, the companies publish recommended prices, which the authority now chooses to take a closer look at. The price statements are considered to contribute to the petrol companies exchanging too much information with each other, which could affect competition.

According to Helena Höök at the Swedish Competition Authority, there is a risk of the companies fighting over the price to a lesser extent if they know each other’s pricing strategies.

“What we are looking at is whether this could lead to a coordination between the companies that could contravene the competition law,” she tells Ekot.

If the Swedish Competition Authority concludes that the companies have broken the law, they may, among other things, have to pay a penalty.

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