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RUI — Rubis SCA News Story

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Brief: TotalEnergies Marketing France, Rubis Group units and EG Retail fined by French watchdog

Nov 17 (Reuters) - TOTALENERGIES TTEF.PA/RUBIS GROUP RUBF.PA:

* French competition watchdog imposes a fine of 187.5 million euros on TotalEnergies Marketing France, two companies in the Rubis group and EG Retail for an anticompetitive agreement.

* On 15 December 2021, the Autorité de la concurrence launched an investigation into practices in the road fuel distribution sector in Corsica. After receiving a complaint from Ferrandi in September 2022, it then combined its own investigation and the complaint into a single case.

* In its decision, the Autorité sanctions several companies, which are shareholders of Dépôts Pétroliers de la Corse and active in the supply, storage and distribution of road fuels in Corsica, for implementing an anticompetitive agreement consisting of a written agreement to reserve a right of passage within Corsican fuel depots for their sole benefit.

Source text: [ID:]

Further company coverage: RUBF.PA

 (Reporting by Sudip Kar-Gupta)

 ((sudip.kargupta@thomsonreuters.com;))

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