OTTAWA — Ever wonder why gas prices at service stations in certain markets track one other so closely? The Competition Bureau says it suspects an analytics company may be “guiding” pump prices for over 1,700 fuel stations in Canada creating potentially “anticompetitive” markets.

Court documents obtained by National Post reveal that competition commissioner Matthew Boswell is concerned that Kalibrate Canada, a fuel and convenience retail analytics company, uses data collected from hundreds of gas stations in Canada to suggest pump prices to its customers.

The Competition Bureau suspects Kalibrate Canada may be “guiding” gas prices with potentially "anticompetitive" services.{ai:summary}<p>In the sprawling urban jungle of Ottawa, the Competition Bureau is raising eyebrows over gas prices that seem choreographed rather than competitive. An analytics company may be pulling strings, guiding over 1,700 fuel stations towards a sorry state of collusion. </p><p>Court documents hint at a rigged game where Kalibrate Canada feeds data to prop up pump prices, raising the stench of antitrust violations. #economy</p>

Competition watchdog probing gas prices and a company he thinks might be 'guiding' them

Loading...