{video} The Government has officially begun the process of investigating the petrol industry – almost two months after Prime Minister Jacinda said consumers were being "fleeced" at the pump. Ardern announced this afternoon that Commerce Minister Kris Faafoi had nominated the retail fuel market to be the first Commerce Commission market study. This, however, does not come as a surprise given Jacinda Ardern had previously said she wanted the regulator to conduct its first market study on petrol companies. The Commerce Amendment Bill, which passed last month, gives the Commerce Commission power to initiate market ... (full story)