The regulator BWB is currently looking for inflation drivers. So far she has imposed 350 million euros in antitrust fines, according to boss Natalie Harsdorf-Borsch in the “Krone” interview. More control also puts a brake on the profit margins of providers, which benefits consumers.
Are agreements between companies or simply excessive price increases the cause of the particularly high inflation here? The Federal Competition Authority BWB is currently closely involved in clarifying this. Last year she took a close look at filling stations and refineries, and currently research is being done into, for example, the wood pellet industry and an in-depth investigation into the domestic food trade and its suppliers.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
