The German competition authority has taken immediate action to investigate fuel prices in light of new regulations under §29a GWB. A dedicated team has been formed to prioritize these investigations, which include inquiries sent to all refineries in Germany.

Refineries are required to provide detailed explanations of the key factors influencing their pricing and how the current crisis impacts their prices. The authority is particularly focused on the pricing practices at the refinery and wholesale levels, where market power may lead to unjustified price increases.

Under the new regulations, companies must clarify their cost structures and justify their pricing, shifting the burden of proof onto them. This aims to facilitate investigations while ensuring that due legal processes are followed.

The authority emphasizes that it cannot directly lower prices but is committed to protecting competition. Any violations of competition rules will be subject to legal proof and potential sanctions.

Regarding current price trends, the authority will monitor how quickly falling crude oil prices are reflected at the pump, noting the historical pattern of rapid price increases and slower decreases.

Additionally, the authority is monitoring compliance with the new 12 PM pricing rule, which aims to stabilize price fluctuations. Initial violations were noted, but these appear to be decreasing as companies adjust to the new requirements.