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Is Competition In The Petrol Retail Sector Falling?

While the cost of fuel has been very much in the headlines of late there are still dozens of independent petrol stations closing each day in the UK. So is competition in the sector reducing or are we being pulled towards the supermarket outlets?

The news that a substantial number of UK petrol stations have closed over the last year has surprised many who thought that petrol was literally a licence to print money at the moment. However, for the struggling independents this is not the case with the government and the fuel suppliers taking a bigger and bigger slice of the pie. Many independents are left to live off sales of cigarettes, food, drink and extras in their garage shops.

This matter has not been formally covered by the Competition Commission but there is no doubt that they are monitoring the stranglehold which the supermarkets are exerting on the sector. As supermarkets seem to be dictating the price of more and more goods it seems that our reliance on them will only increase unless the authorities step in.

The bottom line is that many supermarkets see fuel as a loss leader (or at best no profit) to attract you to their store or their garage shop. Once you are in the store this is when the supermarkets can really start to work on you and offer you 'bargains galore'.

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