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Written question asked by Baroness Randerson (Liberal Democrat) on Wednesday, 6 December 2023, in the House of Lords. It was due for an answer on Wednesday, 20 December 2023. It was answered by Lord Callanan (Conservative) on Thursday, 14 December 2023 on behalf of the Department for Energy Security and Net Zero.


Fuels: Prices

Question

To ask His Majesty's Government when they intend to publish legislation on establishing a price monitoring body for fuel pricing and the requirement for retailers to provide real-time pump prices by site.

Answer

The Government announced on 15 November that the Competition & Markets Authority (CMA) would undertake the ongoing road fuels price monitoring function. The Digital Markets, Competition & Consumers (DMCC) Bill was amended at Commons Report stage to give the CMA information-gathering powers for the monitoring function.

We will consult shortly on the statutory road fuel prices open data scheme and elements of the monitoring function not outlined in the DMCC Bill. Following conclusion of the consultation process and Royal Assent of the Data Protection & Digital Information Bill, secondary legislation will be laid using Smart Data powers to establish the open data scheme.


Secondary information

Type
Written question
Reference
HL944
Session
2023-24
Subjects
Fuels Monitoring Prices
Link
View this Written question on www.parliament.uk