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Petrol market working well says OFT

There is no need to investigate the UK petrol and diesel market a report by the Office of Fair Trading has found.

Independent retailers and motorist groups had raised concerns over oil companies and supermarkets using their scale to give themselves an unfair advantage, and fuel prices rising quickly but falling more slowly.

The OFT said there was little evidence of either practice and the UK had some of the cheapest fuel in Europe before tax and duty.

Emma Simpson reports.

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