Impetition in oil incidental
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NCIDENCE has a long arm. It ches out when an oil
ipany decides that a certain -ease in price is needed to er losses on petrol retailing I competitors immediately over that they require an itical amount. There is, of rse, no question of collusion I any talk of intercession by Monopolies and Mergers nmission is sheer mischief. /hen several companies ultaneously change their ids and reduce the increase a similar amount they are rely remaining competitive. a Government spokesman ured the House of Commons, re is considerable
ipetition in the oil industry. brtunately, this is more 'went to him than to other sumers.
ut if we on the mainland 'plain of fuel prices, spare a ught for residents in the ittish Isles. Even before the 3nt increase in the price of rol it cost £2.19 a gallon in
his was one of the reasons a complaint to The Times by oll resident that, while the /ernment was spending vast is on the Falklands, many all islands around the coast of am n were fighting for survival 'hist enormous economic ssures. It is no bad thing to lember that charity begins at ne.