Mar 16 β€’ 07:58 UTC πŸ‡ͺπŸ‡ͺ Estonia ERR

Live at 13:15: The Riigikogu special committee discusses competition in the fuel market

The Riigikogu's anti-corruption special committee is set to discuss the functioning of competition in the fuel market and the transparency of fuel pricing during a public session.

On Monday, at 13:15, the Riigikogu's anti-corruption special committee will conduct a public session addressing the competition dynamics of the fuel market in Estonia. The initiative aims to improve clarity and transparency in how fuel prices are formed, particularly in relation to global market trends. This session is expected to provide insights into current and potential regulatory measures for ensuring fair practices in fuel pricing.

Key stakeholders invited to the session include Deputy Secretary General of the Ministry of Climate Jaanus Uiga, Minister of Justice and Digitalization Liisa Pakosta, head of the Competition Authority Evelin PΓ€rn-Lee, and representatives from the Estonian Transport Fuels Association, including its board member Alan Vaht and CEO Krista-Maria Alas. Their presence signifies the importance of collaborative dialogue between government officials and industry representatives to address consumer concerns regarding fuel pricing.

Anastassia Kovalenko-KΓ΅lvart, the chairwoman of the special committee, emphasized the necessity for more transparency and clarity concerning the connection between Estonian fuel prices and global market prices. The discussions are expected to highlight the need for regulatory adjustments that could enhance competition in the domestic fuel market, ultimately benefiting consumers and ensuring fair pricing strategies in the industry.

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