kzkPursuant to Article 47 of the Law on Protection of Competition, the Commission for Protection of Competition conducted the ninth sector inquiry into the oil derivatives retail market. The objective of the sector inquiry was to establish the relations between main competitors operating in the oil derivatives retail market in 2018 and to assess their market shares and relative market power.

The inquiry was based on a representative sample of 19 business entities operating in the oil derivatives retail domain and whose petrol stations account for 58% of the total number of petrol stations in Serbia.

The conclusions derived from such an analysis allowing for, inter alia, an overview of trends both in the oil production and refining market and the oil derivatives retail market, in addition to the structure and retail price trends of selected oil derivatives, are an integral part of the report.

The Commission assessed the degree of compliance with recommendations provided in the previous reports and reiterated the importance of establishing a precise statistical record on the oil and oil derivatives and the importance of cooperation with other competent institutions towards creating a legal and business environment favorable to free competition in the market.

The Commission hereby expresses its gratitude to all undertakings that have regularly submitted the requested data during the inquiry drafting process, and also invites undertakings and other members of the expert public to send their commentaries to the report via e-mail to: office.kzk@kzk.gov.rs, with annotation: Commentary to the Sector inquiry into the oil and oil derivatives market.