Russian regional gasoline markets: effect of market concentration on retail prices

The article is devoted to the analysis of the relationship between the level of concentration and retail prices in regional gasoline markets. At the empirical level, the question is being investigated, whether the potential market power of sellers in gasoline oligopolistic markets leads to the explicit fact of using this power, and prices are rising. The analysis is conducted at the level of regions and federal districts. It is shown that, on average, a higher level of concentration does not necessarily lead to a higher relative prices.