Das Auf und Ab der Tankstellenpreise: Die Rolle des Binnen- und Außenwettbewerbs

Research output: Journal contributionsJournal articlesResearchpeer-review

Authors

From the viewpoint of competition policy the question should be answered whether we have effective competition between Aral, Shell, Esso, Total, and Jet (Oligopoly with 5) and with fringe gasoline stations. Following an inquiry of the German Cartel Office between 2007–2010 we are using Market Transparency second based price data out of 2014 in four German metropolises, and we have evidence that Aral and Shell are charging high prices, little bit lower prices in case of Esso and Total; Jet and fringe gasoline stations are working with lower prices. In morning hours all stations are starting with high prices, decreasing price during the day are following and reaching lowest prices in early evening hours. The oligopoly without Jet always increase prices shortly after 6 p.m., Jet always follows two and half hours later. All of the stations will be back to the starting price level at latest in midnight. Using multivariate estimations Shell reacts one to one on price increases started by Aral, perhaps a little bit stronger; fringe firms also react on Aral price starts, but with a lower magnitude. Aral and Jet show weaker reactions in case of price starts of Shell. Stable, but brand specific patterns of price increasing are strong evidence for collusive behaviour according section 18, V of the German competition law. But the legal assumption of market power (sec. 18 VI) should not be based on the fact that Jet is part of the gasoline oligopoly in Germany.
Translated title of the contributionThe Ups and Downs of Gasoline Prices: The Role of Internal and External Competition
Original languageGerman
JournalList Forum für Wirtschafts- und Finanzpolitik
Volume42
Issue number2
Pages (from-to)195-245
Number of pages51
ISSN0937-0862
DOIs
Publication statusPublished - 01.12.2016

    Research areas

  • Economics - Market power, Collusive behaviour, Gasoline market

Recently viewed

Researchers

  1. Almut Beringer

Publications

  1. Problematik der Vorfinanzierung von Bürgerwindparks und Lösungsansätze
  2. Lebe wohl, Weihnachtsmann
  3. Von rhetorischer zu organisationaler Realität?
  4. The cyclical overproduction of graduates in germany in the nineteenth and twentieth centuries
  5. Rückbau und Entsorgung in der deutschen Atomwirtschaft
  6. Bewegte Sprache – Ein Leben mit und für Mehrsprachigkeit
  7. Organization
  8. Il corto digitale nell’economia televisiva del ‘momento’
  9. Bildung in Bildern
  10. The concept of personal initiative
  11. Art and the Economy of Attention: On the 1% - the 100 Most Expensive Works of Art
  12. Reporting über Forschung und Entwicklung (F&E) im (Konzern-)Abschluss und -Lagebericht
  13. Ethik und Nachhaltigkeit.
  14. Virtuous Play - Zur Förderung moralischer Sensitivität mit digitalen Spielen
  15. Non scholae, sed vitae discimus!
  16. Wood-pastures of Europe
  17. Logistik-Leitstände in Industrieunternehmen
  18. Sensomotorik – Integration von Koordination und Kraft
  19. Der deutsche Föderalismus zwischen zwei Konventen
  20. Kritik des Ästhetischen - Ästhetik der Kritik
  21. Gute fachliche Praxis
  22. PISA 2003
  23. Ein kleiner Ausblick: Forschungskorridore zum "fachdidaktischen Code" der Lebenswelt- und/oder Situationsorientierung
  24. Soziale Lebensqualität für alle
  25. Heroismus und Vulnerabilität
  26. Entrepreneurial University Archetypes
  27. Woody vegetation of a Peruvian tropical dry forest along a climatic gradient depends more on soil than annual precipitation
  28. Der "fachdidaktische Code" der Lebenswelt- und/oder (?) Situationsorientierung in der fachdidaktischen Diskussion der sozialwissenschaftlichen Unterrichtsfächer sowie des Lernfeldkonzepts
  29. Heterogenität - eine Herausforderung für die Bildung
  30. The risk of male success and failure
  31. Struggling for open awareness – Trajectories of violence against children from a sociological perspective