German petrol price control law has backfired — Economists

Germany’s price‑cap law meant to curb gasoline costs has instead raised them, with economists finding retailer margins rise by about 5‑6 cents per litre. The unintended increase hurts consumers, who now face higher fuel prices despite the regulation.

A law to control German petrol prices has backfired, driving costs up. Economists report the measure boosted retailer margins by 5-6 cents per litre. Read More: https://punchng.com/german-petrol-price-control-law-has-backfired-economists/