Germany targets petrol sellers

Germany's cartel office has warned big oil companies including Shell and BP over charging drivers too much for petrol. Five oil majors – BP's Aral, Exxon Mobil's Esso, ConocoPhillips' Jet, Royal Dutch Shell and Total – control just over 65 per cent of the German filling station market, the Federal Cartel Office said.

It said an investigation found that the prices at most large petrol stations are higher than necessary. However, the inquiry found no evidence that the big companies were illegally colluding on setting prices.

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