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| Price fixing on the forecourt https://www.paphospeople.com/ppforum/viewtopic.php?f=2&t=33184 |
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| Author: | Topgun [ Thu Nov 16, 2017 11:10 am ] |
| Post subject: | Price fixing on the forecourt |
It would seem the probe initiated in 2014 into collusion between the various oil companies to fix prices, has finally delivered it's verdict! http://cyprus-mail.com/2017/11/15/fuel-companies-fined-price-fixing/ It would seem that the fine has been 'moderated' following a Supreme Court challenge by the companies, down from the initial 43m euros to the current 21m - hardly punitive IMHO. I'm wondering just how much the companies made & indirectly the Government, during the somewhat protracted period it has taken to reach this judgement? |
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| Author: | exodus [ Thu Nov 16, 2017 12:23 pm ] |
| Post subject: | Re: Price fixing on the forecourt |
We have started buying our fuel over in the "north". There it is one price as set by their "government" and quite a bit cheaper than this side. Amos. |
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| Author: | lowvoltage [ Thu Nov 16, 2017 12:31 pm ] |
| Post subject: | Re: Price fixing on the forecourt |
Price fixing is not just a Cyprus thing it is world wide, as normal citizens we cannot do anything about it. |
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