Regulation of the petrol industry in the UK: issues and evidence

Nigel Driffield

doi:10.1080/13571519984124

Regulation of the petrol industry in the UK: issues and evidence

Nigel Driffield

Economics, Finance and Entrepreneurship

Research output: Contribution to journal › Article › peer-review

Abstract

The petrol industry has been investigated twice by the Monopolies and Mergers Commission in the last 20 years. On both occasions the MMC found that the conduct of the companies was not against the public interest. These findings were based on the perceived stable relationship between oil and petrol prices. This paper develops a model of petrol price using a co-integration approach, concluding that one must question the findings of the MMC.

Original language	English
Pages (from-to)	349-365
Number of pages	17
Journal	International Journal of the Economics of Business
Volume	6
Issue number	3
DOIs	https://doi.org/10.1080/13571519984124
Publication status	Published - 1999

Keywords

petrol pricing
regulation

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10.1080/13571519984124

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Regulation of the petrol industry in the UK: issues and evidence

Abstract

Keywords

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