Morocco's Competition Council announced Thursday that it is poised to launch an investigation into the business practices of nine fuel retail firms, including a subsidiary of French oil giant TotalEnergies. Ever since Morocco abandoned state subsidies on fuel in 2015, allegations of market rigging have multiplied as motorists have seen pump prices rise across the board with little, if any, variation between retailers. "Prosecutors consider they have sufficient evidence to prove the existence of anti-competitive practices by the accused parties," the council said. TotalEnergies Marketing Maroc confirmed it had been notified of the upcoming investigation. The company,
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