Press Release: Antitrust: Commission fines Czech energy companies Energetický a průmyslový holding and EP Investment Advisors € 2.5 million for obstruction during inspection

Author (Corporate)
Series Title
Series Details IP/12/319 (28.03.12)
Publication Date 28/03/2012
Content Type

The European Commission has imposed a total of € 2,500,000 in fines on Energetický a průmyslový holding and EP Investment Advisors1, active in the energy sector in the Czech Republic, for obstructing an inspection carried out by Commission officials from 24 to 26 November 2009 at their premises in Prague as part of an antitrust investigation.

The companies failed to block an email account and diverted incoming emails, in breach of their obligations to cooperate with Commission officials during such inspections and to disclose all documents relevant to the investigation.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/319&format=HTML&aged=0&language=EN&guiLanguage=en
Subject Categories
Countries / Regions ,