Germany moves to beef up cartel laws amid fuel tax disappointment

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Germany’s anti-cartel authorities could be set to get greater powers, as the government seeks to respond to building criticism of a fuel tax cut that has not passed on the intended savings to the general public. Economy Minister Robert Habeck told broadcaster Deutschlandfunk on Monday that he planned to introduce tougher laws to prevent anti-competitive actions by companies “as quickly as possible.” Oil companies were handed a tax reduction from the start of this month in Germany, with the idea being that they pass the saving on to consumers who are suffering from high inflation, partly as a r…

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