ON THE 18TH OF OCTOBER 2017, THE GOVERNMENT HAS APPROVED A MEMORANDUM OF UNDERSTANDING FOR THE CREATION OF A FUEL PRICE SURVEILLANCE SYSTEM.

The surveillance platform should lead towards a more transparent market, so that consumers may choose the fuel with the best characteristics.
In addition to this, to expand the control on car fuel prices, the Competition Law has been amended in order to allow the Competition Council to request information from the companies that are active on the market. This will allow a closer follow-up of the prices established by oil companies.

Issuer: The Government of Romania

Date: October 18, 2017