Germany wants Big Oil to announce fuel price rises

Newswire

BERLIN, May 30 (Reuters) - Germany's transport minister wants filling stations to announce price rises 24 hours in advance, and to be only able to raise prices once a day. "If Big Oil has to announce a higher price beforehand and then not change that for 24 hours, drivers know what the deal is," Peter Ramsauer told German daily Bild. "Legislators must try to protect consumers from the arbitrary price manipulation of the market-dominating oil companies," he said. Ramsauer, from ...

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