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Evening Standard
Evening Standard
Business
Josie Clarke

Competition watchdog puts fuel retailers ‘on notice’ of price monitoring

CMA PA Graphics
Fuel prices shown at a Shell garage in Tynemouth (PA) - (PA Wire)

The competition watchdog has put fuel retailers “on notice” that it is stepping up monitoring of petrol and diesel prices in light of the Middle East conflict.

The Competition and Markets Authority (CMA) told firms responsible for thousands of fuel stations across the country that it was bringing forward formal requirements to supply revenue, costs and sales data.

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