Competition watchdog to investigate Maxol's proposal to acquire Naas Fuels

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Competition watchdog to investigate Maxol's proposal to acquire Naas Fuels
Competition WatchdogInvestigationMaxol
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The Competition and Consumer Protection Commission (CCPC) will conduct an in-depth investigation into Maxol's plan to acquire Naas Fuels in Co Kildare. The investigation will assess the impact on competition between service stations and potential consequences for consumers.

The competition watchdog is to carry out an “in-depth investigation” into petrol company Maxol ’s proposal to acquire Naas Fuels in Co Kildare .

The Competition and Consumer Protection Commission said its investigation will consider how the deal would affect levels of competition between service stations, including potential consequences for consumers. Maxol sells oil and petroleum products. Its service station network consists of 243 stations across the island of Ireland. Some of its stations are owned by independent dealers.‘We’ve got a lot of money in the ground’ - Arboretum’s Fergal and Barry Doyle

“Following a preliminary investigation, the CCPC has decided that an in-depth investigation is needed to establish whether allowing the purchase to go ahead may result in a substantial lessening of competition in the State,” the CCPC said.

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Competition Watchdog Investigation Maxol Naas Fuels Co Kildare Service Stations Consumers

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