Dr. Mattias Ganslandt and MSc Gunilla Rönnholm at the Center for European Law and Economics have within the frame of the Swedish Competition Authority’s commissioned research, analyzed the effects of mergers and acquisitions in the retail market for gasoline in Sweden. This study describes and analyzes the extent to which mergers and acquisitions in the retail market for gasoline in Sweden have had a noticeable effect on prices and margins for gasoline and diesel. The main objective of the study is to examine how consumer prices have been affected by the increased market concentration, especially after Statoil’s merger with Hydro in 2007 and StatoilHydro’s subsequent acquisition of the JET stations in 2008-2009. Continue reading
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