Memo: Antitrust: Commission welcomes E.ON proposals to increase competition in German gas market

Author (Corporate)
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Series Details MEMO/09/567 (17.12.09)
Publication Date 17/12/2009
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The European Commission welcomes remedies offered by the German energy company E.ON in response to concerns expressed by the Commission that certain E.ON practices may constitute a breach of EU rules on abuse of a dominant market position (Article 102 of the Treaty on the Functioning of the European Union (TFEU)). E.ON proposes to commit to a significant, structural reduction of its long-term gas capacity reservations which prevent access of competitors to infrastructure needed to supply gas to customers within EON's network. The Commission intends to market test E.ON's proposals, with a view to adopting a decision under Article 9 of Regulation 1/2003. Under such a procedure, the commitments would be made legally binding by a decision of the Commission and the Commission would not pursue the antitrust investigation further.

Source Link http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/09/567&format=HTML&aged=0&language=EN&guiLanguage=en
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