UK Suspends Competition Law to Tackle Fuel Crisis

UK Suspends Competition Law to Tackle Fuel Crisis
Secretary of State for Business, Energy, and Industrial Strategy Kwasi Kwarteng speaking at the the Northern Ireland Business and Innovation Showcase at the QEII Centre in Westminster, London, on Sept. 15, 2021. Victoria Jones/PA
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The British government has temporarily suspended parts of a competition law on Sunday evening as the country grapples with a fuel crisis caused by lorry driver shortages and panic buying.

The decision comes after Business, Energy, and Industrial Strategy Secretary Kwasi Kwarteng met with oil companies and retailers on Sunday to address another day of continued queuing for the pumps, with thousands of petrol stations running dry.