The impact of vertical integration on retail gasoline prices in Russia

Ekaterina Sokolova ()

No 6412, Working Papers from Graduate School of Management, St. Petersburg State University

Abstract: The paper explores factors influencing retail prices in Russian domestic gasoline market in Russia. The role of dominant vertically integrated oil companies is considered to be of great importance, so the author tries to define possible scenarios of development of retail markets of gasoline under existing market structure. Conditions for establishment of retail prices, which tend to be close to competitive ones are discussed.

Keywords: oil industry; retail gasoline market; gasoline prices; vertical integration (search for similar items in EconPapers)
Date: 2015
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