Cyprus-Forum.com

[cyprusgeoff]

From the Cyprus Weekly.

Petrol companies accused of price fixing

NICOSIA -The Commmission for the Protection of Competition ( EPA) announced Thursday that its four- year report on whether petrol companies have violated the competition law has damning proof of price fixing.

In an announcement EPA said that in its 1, 400 page report which concerns the island’s four petrol companies, unanimously decided that, during the specific period under investigation ,the four companies operated on the basis of a “synchronized practice and without reaching the stage of an agreement they consciously replaced the risks of competition with a practice of cooperation between them.”

The report comes as petrol pump prices ( 95 and 98 octanes) and diesel went up 3.4 cents this week and have risen 16% over the past three months as international prices fall.

EPA chairman Costakis Christoforou told The Cyprus Weekly that the report is now in the hands of petrol companies who have 30 days to come up with their positions before a hefty fine is imposed on them.

“If they don’t submit their representations within 30 days, EPA as an administrative court, will impose fines on them and the report will be announced to the public,” Christoforou said.

***********************

Now perhaps something will be done about it.

[CBBB]

Four years for the report, another ten and it will all be forgotten!

[miltiades]

Nothing to do with petrol prices but talking about Ripping people off listen to this.
Monday morning I received a call from an ex employee , an Albanian who speaks fluent Greek , for help in getting his van unclamped having failed to pay a parking ticket amounting to £185 .
The bailiffs knocked on his door and informed him that they had clamped his van for non payment of the fine and the amount now required amounts to £683.77 !!!!!
They charged him almost £500 , which included VAT , for one visit and one clamp .

I understand that if you dont pay a penalty notice and leave it then the Council authorities apply to court and the court appoints bailiffs to recover the specific amount .
This is what I call ripping people off , all these bailiffs are limited companies and play on peoples' misery to stich them up as mush as possible.

As far as the petrol companies in Cyprus , they seem to be doing everything possible to make as much out of the motorists as possible .

[baby-come-fly-with-me]

Nothing to do with petrol prices but talking about Ripping people off listen to this.
Monday morning I received a call from an ex employee , an Albanian who speaks fluent Greek , for help in getting his van unclamped having failed to pay a parking ticket amounting to £185 .
The bailiffs knocked on his door and informed him that they had clamped his van for non payment of the fine and the amount now required amounts to £683.77 !!!!!
They charged him almost £500 , which included VAT , for one visit and one clamp .

I understand that if you dont pay a penalty notice and leave it then the Council authorities apply to court and the court appoints bailiffs to recover the specific amount .
This is what I call ripping people off , all these bailiffs are limited companies and play on peoples' misery to stich them up as mush as possible.

As far as the petrol companies in Cyprus , they seem to be doing everything possible to make as much out of the motorists as possible .

on the subject of car clamping, we got ripped off too yesterday.
we parked on a quiet street along with others who had done the same, no double yellow lines and no signs to state you cant park.
anyway we returned to our car around 30 mins later only to find we had been clamped, not only that the damage to the car at the front was sad to see. The damage was caused by the company who put the clamp on the car, claearly they didnt give a toss.
Everyone had been clamped, and when we checked the signs of which had been put up either end of the road!! (nowhere near for anyone to see) the glue was still wet on the backs of them, clearly stating that they were put up whilst people were away from their cars!!!
thee bbc turned up and behind the camera they couldnt believe it either!
Everyone had to pay £130 release fee, watch this space I will be getting it back!!!

[miltiades]

Nothing to do with petrol prices but talking about Ripping people off listen to this.
Monday morning I received a call from an ex employee , an Albanian who speaks fluent Greek , for help in getting his van unclamped having failed to pay a parking ticket amounting to £185 .
The bailiffs knocked on his door and informed him that they had clamped his van for non payment of the fine and the amount now required amounts to £683.77 !!!!!
They charged him almost £500 , which included VAT , for one visit and one clamp .

I understand that if you dont pay a penalty notice and leave it then the Council authorities apply to court and the court appoints bailiffs to recover the specific amount .
This is what I call ripping people off , all these bailiffs are limited companies and play on peoples' misery to stich them up as mush as possible.

As far as the petrol companies in Cyprus , they seem to be doing everything possible to make as much out of the motorists as possible .

on the subject of car clamping, we got ripped off too yesterday.
we parked on a quiet street along with others who had done the same, no double yellow lines and no signs to state you cant park.
anyway we returned to our car around 30 mins later only to find we had been clamped, not only that the damage to the car at the front was sad to see. The damage was caused by the company who put the clamp on the car, claearly they didnt give a toss.
Everyone had been clamped, and when we checked the signs of which had been put up either end of the road!! (nowhere near for anyone to see) the glue was still wet on the backs of them, clearly stating that they were put up whilst people were away from their cars!!!
thee bbc turned up and behind the camera they couldnt believe it either!
Everyone had to pay £130 release fee, watch this space I will be getting it back!!!

Is this in Paphos ??? You mention BBC ??

[CBBB]

That's what I thought Milti, but clamping is supposedly illegal here otherwise, I would set up a company!

[miltiades]

That's what I thought Milti, but clamping is supposedly illegal here otherwise, I would set up a company!

I just cant see the Cypriots accepting this practice in Cyprus .
In the UK , as we all know , this legalized extortion takes place regularly , I have been a victim on a few occasions and I detest the reasoning for this daylight robbery.

[CBBB]

That's what I thought Milti, but clamping is supposedly illegal here otherwise, I would set up a company!

I just cant see the Cypriots accepting this practice in Cyprus .
In the UK , as we all know , this legalized extortion takes place regularly , I have been a victim on a few occasions and I detest the reasoning for this daylight robbery.

I agree with all you said. As far as I know one of the worst outfits for clamping in London is owned by a Cypriot!

[miltiades]

That's what I thought Milti, but clamping is supposedly illegal here otherwise, I would set up a company!

I just cant see the Cypriots accepting this practice in Cyprus .
In the UK , as we all know , this legalized extortion takes place regularly , I have been a victim on a few occasions and I detest the reasoning for this daylight robbery.

I agree with all you said. As far as I know one of the worst outfits for clamping in London is owned by a Cypriot!

Not I !!!

[Jerry]

Simple solution - invest in a cordless angle grinder, Screwfix sell them £160.