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Germany's Federal Cartel Office publishes final report on fuel sector inquiry

On 26 May 2011 the German Federal Cartel Office (FCO) published its final report on its fuel sector inquiry. It concludes there is a "market-dominant oligopoly" in the German petrol retailing market, consisting of BP (Aral), ConocoPhilips (Jet), ExxonMobil (Esso), Shell and Total. In light of the results of the sector inquiry, the FCO claims it plans to take a "cautious approach" to future mergers in the sector.

A CRA team including Cristina Caffarra and Michael Muehlbradt submitted a report on behalf of a major supplier, explaining that the allegation of "market-dominant oligopoly" is ill-founded as a matter of economic theory and evidence - and that evidence from actual market behaviour is in fact consistent with competition in the sector.

See the Federal Cartel Office press release for further details.

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