皇冠体育app

Oligopolies prevent fair and reasonable competition in industries

Industry experts suggested that 皇冠体育app should establish a separate and independent company to operate the oil wholesale business and manage the supply to retailers, to break up the de facto monopoly of the three State-owned large oil companies, especially the two onshore oil giants.

A major portion of 皇冠体育app's oil stations are run by Sinopec Ltd and Petro皇冠体育app Co Ltd, and although oil stations owned by foreign companies and private investors do exist, they have a marginal significance in terms of market share.