UK competition laws temporarily suspended to aid fuel shortage crisis

As the fuel shortage crisis worsens, the UK Government has intervened and eased competitive rules to ensure smooth trading and production.
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2 min read
Fuel Station

Laws which govern competitive activity will be eased for a brief period to allow fuel companies to collaborate and fix the fuel shortage crisis.

A shortage of lorry drivers along with issues within the supply chain has caused a mass panic across the UK regarding fuel reserves. Many have flocked to fill up their cars, leaving many petrol stations completely empty.

Another factor that is said to contribute to the crisis is the UK’s withdrawal from the European Union, as many foreign HGV drivers went overseas to work there, leaving petrol and other essential goods undelivered. Plus, due to COVID-19, many HGV driving recruits have had their tests cancelled or suspended. Many HGV companies have attempted to attract new drivers by offering high salaries and generous starting bonuses.

The UK Government has announced a temporary easing of UK competition rules in order to minimise the effect of fuel shortages. In a statement the govenrment, along with petrol giants and the UK Petroleum Industry Association, said the easing of the rules allows fuel companies ‘to share infromation so that thry can more easily prioritise the delivery of fuel to the partys of the country and strategic locations that are most in need’

The Business Secretary Kwasi Kwarteng said:

“While there has always been and continues to be plenty of fuel at refineries and terminals, we are aware that there have been some issues with supply chains…”

“This is why we will enact the Downstream Oil protocol to ensure industry can share vital information and work together more effectively to ensure disruption is minimised.”

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