Competition watchdog proposes breaking wholesale stranglehold on petrol supply

Mon, 19 Aug 2019

By Pattrick Smellie Aug. 20 (BusinessDesk) - A stranglehold on the wholesale supply of petrol and diesel is at the core of New Zealand's less than fully competitive transport fuel market and it should be loosened, the Commerce Commission says in the draft findings of its first study of competition in a market under revised legislation. Wholesale infrastructure sharing arrangements between the three largest fuel retailers - Z Energy, BP and Mobil - gives them "an advantage over any other potential rival importers, as their costs to deliver...

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