A PYMNTS Company

Germany: Oil probe put on back burner for now

By  |  March 31, 2013

An investigation into Germany’s oil refiners and transporters has been temporarily put on hold while the nation’s antitrust authority focuses its energy on the implementation of an energy market transparency campaign. The authority, called the Bundeskartellamt, launched its investigation into oil refineries last September and announced it would look into oil wholesale trading activities. A spokesperson for the authority said negotiations have already been made at this point with industry representatives. That same spokesperson also noted that the transparency system’s implementation must take priority ahead of the oil investigation.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: Platts

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.