The authority of competition and the market has sanctioned the most important oil companies (Eni, it, IP, Q8, Saras and Tamoil) operating in Italy with a fine of 936 million euros. “The companies have implemented contextual price increases, largely coinciding, determined by exchanges of direct or indirect information among the companies concerned”
Amounts to 936 million euros the sanction high from the Competition and Market Authority towards the Six oil companies most important (Eni, It, IP, Q8, Saras And Tamailfor the latter also with reference to the brand’s conduct Repsolwhose activities in the peninsula were acquired in 2021) among those operating in Italy. The motivation, according to theAntitrustconcerns the contextual price increases, largely coinciding, determined by exchanges of direct or indirect information among the companies concerned. Specifically, at the end of the investigation launched in July 2023 following the complaint of a whistleblower (spontaneous revelation by an individual, editor’s note), Eni was sanctioned for 336,214,660 euros, It For 129,363,561 euros, IP For 163,669,804 euros, Q8 For 172,592,363 euros, Saras For 43,788,944 euros And Tamail For 91,029,755 euros. The authority ascertained a restrictive agreement of the competition in the sale of the fuel for automotive for all parties, except for IPlom And Repsol. “As a result of the complex investigation – reads the note released by the body -, it emerged that Eni, Esso, IP, Q8, Saras and Tamoil coordinated to determine the value of the BIO component inserted in the price of fuel (component introduced by the companies to comply with the obligations provided for by the legislation in force). The cartel began on January 1, 2020 and continued until 30 June 2023. This important component of the price went from around € 20/mc of 2019 to around 60 €/mc of 2023. “.