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Home ATTUALITA

Buxhuku demands control over the fuel market: It is an oligopoly! Need a regulatory entity

by imkadmin
Mar 2, 2022
in ATTUALITA
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Buxhuku demands control over the fuel market: It is an oligopoly!  Need a regulatory entity
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The increase in fuel prices has become a serious problem for the Albanian economy. If we have an increase in the price of fuel, we will have an increase in other prices, thus directly affecting the Albanian economy.

Gjergj Buxhuku from Konfindustria, in an interview for “Top Talk”, says that the problem in Albania is that we do not have regulatory institutions in the fuel market, as other countries have.

Denis Dunjaja: The great dilemma of the role of the state has been made with many question marks. It is once argued that the state can not enter the free market because it has no impact on prices, while you say that this is where the state should enter. Are you?

Gjergj Buxhuku: If we claim to have a free market and can not intervene. When you say free market you pull back and say you have nothing to do. The big question mark in Albania is whether we have a free market in the fuel market. Do we have regulatory institutions? You can not avoid the costs that come from rising international prices. What you can and should avoid is the basic regulatory task of a democratic state, that the costs that come from non-free market situations.

Denis Dunjaja: Do we miss this link?

Gjergj Buxhuku: You have a regulator for energy but not for fuels.

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