Hong Kong Consumer Council calls for review of city’s motor-fuel market

Hong Kong Consumer Council calls for review of city’s motor-fuel market
Hong Kong’s Consumer Council on Thursday called for a regulatory review of the city’s motor-fuel market after a study conducted by the watchdog found the gap between retail and import prices had doubled over the past seven years.After looking at petrol price fluctuations between 2013 and the first quarter of 2020, the watchdog found that price increases were much sharper than drops, leading to a cumulative increase in prices.It questioned why consumers were paying HK$3 (almost 39 US cents) more…