FTC launches investigation into petrol trade amid fuel surge

The Fair Trading Commission (FTC) has launched investigations into possible anti-competitive practices in the pricing and distribution of petroleum products, following complaints from gas station operators against large petroleum marketing companies. It comes as Jamaicans face rising fuel costs triggered by the US-Iran conflict. The Jamaica Gasolene Retailers Association (JGRA), whose complaints triggered the inquiry, said operators had raised persistent concerns over contract arrangements, pricing practices, and distribution terms imposed by the two suppliers.