Lack of competition between petrol stations hits households most in poorest areas: Study
Credit: CC0 Public Domain 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.
Margarete Wiers
August 30, 2024