Office of Fair Trading To Review Fuel Costs

Office of Fair Trading To Review Fuel Costs

Assessment

Interactive Video

Business

University

Hard

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The video discusses the challenges posed by rising fuel prices, particularly diesel, and the impact on drivers. It highlights the quick reflection of petrol price increases at pumps and questions whether savings are passed on when prices fall. The UK government has called for an investigation into the fairness of the fuel market, which is significant for consumers, businesses, and the economy. Analysts debate whether the market is being manipulated, with some asserting that prices are fair. The report aims to reveal any competition concerns within the UK fuel market.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact could changes in the fuel market have on consumers and businesses according to the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions have been suggested to address the issues in the fuel market?

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