Italian Competition Authority Imposes Fines on Eni and Five Other Oil Firms
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 26 2025
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Source: Reuters
Fines Imposed: Italy's antitrust regulator has fined Eni and five other oil companies a total of over 936 million euros for anti-competitive practices in motor fuel sales, with Eni facing the largest fine of 336 million euros.
Cartel Allegations: The companies were found to have operated as a cartel from January 2020 to June 2023, manipulating the price of the biofuel component in fuel, which increased significantly during that period; all companies involved have denied the allegations and plan to appeal.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
