Memo: Antitrust: Commission confirms inspections in electrical equipment industry

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Series Details MEMO/10/28 (3.2.10)
Publication Date 03/02/2010
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The European Commission can confirm that on 20 January 2010 Commission officials carried out targeted inspections at the premises of producers of Flexible Alternating Current Transmission Systems (FACTS). This equipment is used to increase the power transfer capability of electricity transmission networks. The Commission has reason to believe that the companies concerned may have violated EU antitrust rules that prohibit cartels and restrictive business practices (Article 101 of the Treaty on the Functioning of the European Union).

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/10/28&format=HTML&aged=0&language=EN&guiLanguage=en
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