The Competition and Markets Authority (CMA) attributed the recent rise in fuel prices since 2019 to lessened competition among supermarkets.
Warpaint London PLC (AIM:W7L) Strong trading continues in Q2 2023
Warpaint London plc (AIM: W7L), a company specializing in colour cosmetics and the proprietor of the W7 and Technic brands, update on its current business activities.
Diesel prices have been reduced by supermarkets in response to concerns raised by the competition watchdog.
Following the competition watchdog’s decision to intensify scrutiny of the market, supermarkets and other prominent retailers have hastened their cuts to diesel prices, as reported by the RAC.
Investigation commences into elevated prices as supermarkets remain ‘unresponsive’
The Competition and Markets Authority (CMA) is set to probe whether consumers are being subjected to higher grocery and fuel prices due to a potential lack of competition.
RAC cautions against diesel price gouging in the UK despite a decrease in wholesale costs
A leading UK motoring organization, the RAC, has accused retailers of artificially raising diesel prices at the pump, even though wholesale prices for diesel have dropped below those of petrol.
Despite the fall in oil prices, diesel is still 17 pence more expensive per liter than petrol
According to a report by a motoring group, despite similar wholesale costs, diesel is being sold at an average of 17 pence more per litre than petrol.
Love Hemp Group PLC (AQSE: LIFE) launches products in Tesco Supermarkets
Love Hemp launches products in Tesco Extra Supermarkets
Is Amazon.com, Inc.(NASDAQ: AMZN) In Secret Talks To Buy WM Morrison Supermarkets PLC (LON:MRW)
It has long been a long running rumour in the market that Amazon is working on secret deal to buy Morrison. This idea has been helped along in the recent