29th Jul 2020 14:42
Vivo Energy PLC - London-headquartered downstream petroleum company selling Royal Dutch Shell PLC-branded fuel products - Notes formation of independent commission to review a Conseil de la Concurrence's decision in Morocco. The commission comes after allegations regarding Conseil de la Concurrence's process and conduct in determining its recommended penalty for the fuel retail industry. The Conseil de la Concurrence ultimately recommended a fine of 8% og annual Moroccan turnover against the industry. The commission's formation was welcomed by Vivo, which said it "conducted its operations in accordance with applicable competition laws, rules and regulations at all times".
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By Anna Farley; [email protected]
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