Shell Subsidiary Vivo Energy Under Investigation by Moroccan Competition Council

Vivo Energy will submit observations to the Competition Council over the next two months, before a report is submitted to the council’s board of directors for review and decision-making, says Energyvoice. This Shell subsidiary in Morocco claims to have always carried out its activity in accordance with "the laws, rules and regulations in force on competition".

According to Moroccan sources, the Competition Council will release the results of its examination of the fuel sector next March. If it turns out that the prices set have been the subject of an agreement between the companies, the council will impose sanctions that will apply to them.

In 2019, the issue of fuel prices had pitted the Competition Council against the government. To the point that Lahcen Daoudi, the then Minister of General Affairs, had declared in February that a ceiling would be imposed, whatever the opposition of the council, specifies the same source. The minister had indeed complained about the excessive profits that the distributors were making.