Morocco’s Competition Council on Friday announced its decision to reopen the investigation related to potential predatory and anti-competitive practices in the country’s fuel distribution market
The decision is part of the council’s efforts to ensure fair competition and uphold the principles of market transparency, indicated a press release, noting that the move complies with the recently amended and supplemented provisions of Article 38 of Law No. 104-12.
The recent amendments to the competition regulatory framework, introduced through Law No. 40-21 and Law No. 41-21, compel a closer examination of the practices related to the hydrocarbon distribution sector.
These legal changes seek to enhance procedure clarity within the Competition Council while strengthening legal frameworks that protect all parties involved.
The initial decision to open an investigation into the case was driven by concerns surrounding potential breaches and anti-competitive practices within the hydrocarbon distribution market.
In a report released in September 2022, the council outlined the challenges that the sector faces, notably predatory practices and a monopoly held by a few major companies, resulting in higher fuel prices for consumers.
The report also showed a disconnect between domestic fuel prices and international market trends, indicating that Moroccan companies tend to maintain higher prices even in the event of a drop in international prices.
By reopening the investigation, the council aims to shed light on any unfair practices that may exist, ensuring fairness among all industry operators, as well as protecting the interests of consumers.
The investigative process will involve a detailed examination of the case by the council’s investigative services, who will then draft a comprehensive report outlining the findings and recommendations.
The report will then be presented to the Council’s board for further evaluation.
The Competition Council’s decision highlights its commitment to maintaining a competitive and transparent business environment in Morocco’s hydrocarbon distribution sector.
