20 Aug 2019

Are we paying too much for fuel at the pumps?

From Nine To Noon, 9:09 am on 20 August 2019
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Photo: 123rf

RNZ's Senior Business journalist Kim Savage reports on the preliminary findings of a Commerce Commission probe into the market dominance of our major petrol retailers, Z Energy, Mobil and BP.

It has found the retail fuel sector is not as competitive as it could be and that consumers are currently paying higher pump prices for petrol and diesel than could be expected in a competitive market.