Finance
TotalEnergies and Corsica partners fined $217 million over fuel deal
Published by Global Banking & Finance Review®
Posted on November 17, 2025
2 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 17, 2025
2 min readLast updated: January 21, 2026
TotalEnergies and partners fined $217M for anticompetitive fuel pricing in Corsica, affecting local market. Companies may appeal but payment is due.
PARIS (Reuters) -France's antitrust authority has fined TotalEnergies, Rubis and EG Retail a combined 187 million euros ($217.3 million) over an anticompetitive deal that raised fuel prices in Corsica, the watchdog said on Monday.
The island, with a population of a little more than 350,000, is heavily reliant on cars for transportation, with all fuel imports distributed through depots operated by DPLC, owned jointly by Rubis, TotalEnergies and EG Retail.
Between 2016 and 2023 no other companies were allowed to use those depots, the watchdog said.
"The agreement to reserve the use of Corsican fuel depots exclusively for DPLC shareholders is anticompetitive and likely to foreclose competitors to the detriment of consumers," the watchdog said.
TotalEnergies and EG Retail did not respond immediately to a request for comment. A Rubis spokesperson said the company was evaluating the authority's decision.
The investigation followed a complaint received in 2022 from Ferrandi, another fuel distributor on the Mediterranean island.
Outsiders such as Ferrandi were forced to purchase their fuel under conditions imposed by their rivals, leading to higher pump prices, the watchdog's statement said.
TotalEnergies was fined 115.8 million euros while Rubis was ordered to pay 64.7 million euros and smaller company EG Retail was fined 7 million euros. The companies can appeal, though the appeal process does not suspend the payment.
($1 = 0.8627 euros)
(Reporting by Alessandro Parodi and America HernandezEditing by Inti Landauro and David Goodman)
An antitrust fine is a penalty imposed by regulatory authorities on companies that engage in anti-competitive practices, such as price fixing or monopolistic behavior.
The Corsican fuel market refers to the distribution and sale of fuel on the island of Corsica, which is heavily reliant on a limited number of suppliers.
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