You are here

'No evidence of anti-competitive behaviour by petrol firms'

A 2017 study says though the petrol majors track each other's moves, their prices do not always move in sync

MTI Senior Parliamentary Secretary Tan Wu Meng says competition watchdog will act if evidence of anti-competitive activity surfaces.


THERE is no evidence of anti-competitive behaviour by petrol companies here, and a fall in oil prices may not always mean a drop in retail petrol prices, said Senior Parliamentary Secretary for Trade and Industry Tan Wu Meng in Parliament on Tuesday.

When crude oil is...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to