Germany Curbs Gas Station Hikes, Toughens Antitrust Oversight

Germany moved to cap how often gas stations can raise prices and tighten antitrust oversight in response to a consumer backlash over war-driven price increases.

Gas-station operators will be allowed to raise gasoline and diesel prices only once per day, at noon, while reductions can be made at any time. Violations will be subject to fines of as much as €100,000 ($115,400), according to a document from the economy ministry.