Press Release: Antitrust: Commission opens Belgian gas market to competition

Author (Corporate)
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Series Details IP/07/1487 (11.10.07)
Publication Date 11/10/2007
Content Type

Commitments offered by Distrigas to open the Belgian gas market have been made legally binding by a formal decision adopted by the European Commission. The commitments address concerns raised by the Commission in the course of an investigation under EC Treaty rules prohibiting the abuse of a dominant market position (Article 82). The Commission had concerns about supply problems on the Belgian gas market through long-term contracts concluded by Distrigas with gas customers. Under the commitments, Distrigas would reduce the gas volumes tied in long-term contracts. This would allow other gas suppliers to compete with Distrigas to build up a portfolio of customers, and thereby encourage competition on the Belgian gas market. In the light of the commitments offered by Distrigas, the Commission has now closed its investigation.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1487&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
European Commission: MEMO/07/407: Antitrust: Commission increases competition in the Belgian gas market – frequently asked questions http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/07/407&format=HTML&aged=0&language=EN&guiLanguage=en

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