Government responds to market study into retail fuel
Published: 05 December 2019
The Government has responded to the Commerce Commission’s retail fuel sector market study. The Commission studied factors that may affect competition in New Zealand’s retail fuel market, and made recommendations aimed at improving competition, and outcomes for consumers, in the fuel sector.
The Government has accepted the Commission’s findings, and will make changes to the fuel market in response by introducing legislation.
- a more transparent wholesale pricing regime
- greater contractual freedoms and fairer terms to facilitate wholesale competition
- introducing an enforceable industry code of conduct
- improving transparency of premium grade fuel pricing.
Read the media release on the Beehive website(external link).
Read the final report in the retail fuel sector market study on the Commerce Commission’s website(external link).
Read more about the market study into retail fuel.
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