Thursday - September 19, 2024
University of East Anglia: Lack of Competition Between Petrol Stations Hits Households Most in Poorest Areas
September 01, 2024
NORWICH, England, Sept. 1 (TNSres) -- The University of East Anglia issued the following news:

Households in low-income areas face significantly higher increases in petrol prices when rival fuel stations close compared to high-income areas, according to new research led by the University of East Anglia (UEA).

At the same time, low-income areas do not benefit from a higher drop in prices when new stations open.

The study is published today in the Journal of . . .

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