Fuels: Retail Trade
The question
To ask the Secretary of State for Energy Security and Net Zero, whether he plans to amend competition law for fuel markets.
Answered by Martin McCluskey
Competition law for fuel markets was recently amended through the Digital Markets, Competition and Consumers Act 2024. This legislation gave powers to the Competition and Markets Authority in January 2024 to monitor the road fuel retail sector and provide recommendations to government where necessary. The government also introduced separate legislation for Fuel Finder, an open data scheme for fuel prices to improve transparency and increase competition in the fuel retail market which comes into force on 2 February.
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