The AMCU found no evidence of collusion in the fuel market following the price spike
The Antimonopoly Committee of Ukraine has stated that it currently sees no signs of monopolistic abuse in the fuel market, despite the sharp rise in prices.
This was announced by Committee Chairman Pavlo Kyrylenko during a session of the Verkhovna Rada.
According to him, the agency analyzed a significant amount of data and determined that the rise in fuel prices is primarily linked to increased import prices following the escalation of the situation in the Middle East.
Specifically, from late February to late March, diesel prices on international markets rose by 86%, while import prices increased by 58%. At the same time, price increases at gas stations in Ukraine were lower: gasoline prices rose by approximately 16%, and diesel prices by 39%.
Kyrylenko noted that there are about 1,200 operators in the market, each acting differently, which does not indicate coordinated anti-competitive actions.
At the same time, the committee emphasized that the investigation is ongoing.
The Ministry of Economy explained whether the “National Cashback” program will continue in July.
The government explained why, instead of lowering fuel prices, it introduced a cashback program for fuel.
