PETROL, PRICE DISCOUNTS AND ADDITIONAL
The Italian government has made one discount of 25 euro cents on the price of fuel, the economic-financial world expected much more. In a certain sense, those who have an activity, but also those who do not, find themselves having a cost for production and logistics “too high“. Now we ask ourselves a series of questions: would it be possible, for a well-defined period of time, to renounce all excise duties by reducing the price of fuel by 50% ipso facto?
Is the cost of this renunciation, for a limited time, greater than a possible slowdown in the economy where further decreases in consumption and an increase in prices are expected? CALCULATE AND PROGRAM. As we all know it is the law of supply and demand that generally determines the price list of products and services and even free competition participates in it, but another question continues to blend in my head: is not that by chance we are in the presence of an ADDITIONAL? Things? The art. 501 of the Criminal Code (regarding the fraudulent rise and fall of prices on the public market or on the stock exchanges)
reads:
anyone who, in order to disturb the internal market of securities or goods, publishes or otherwise divulges false, exaggerated or biased information or uses other devices aimed at causing an increase or a decrease in the price of the goods, or of the values admitted on the stock exchange lists o negotiable in the public market is punishable by imprisonment for up to three years and with a fine ranging from a minimum of 516 euros to a maximum of 25,822 euros. According to the provision of the Criminal Code, the penalties are doubled where the conduct is aimed at favoring foreign interests or if it results in the depreciation of the national currency or government bonds. The manipulation envisages generic willful misconduct as a subjective element and is an offense that can be prosecuted ex officio.
www.studiocataldi.it/dtionary-giuridico/629/aggiotaggio
Could this offense be configured to fuel prices? At this point I asked a dear friend who is a lawyer by profession: “If hypothetically it were true, why no one intervenes”? His response was lapidary: “If you want a legal opinion, I’ll give it to you by sending you the fee as well”.
After this answer I postponed and changed the subject, even if the doubt remained with me. I am not a man of the law, but it seems to me that it is always us who pay or not? …
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#Fuels #crime #stock #manipulation