Author (Corporate) | European Commission: DG Communication |
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Series Title | Press Release |
Series Details | IP/13/320 (10.04.13) |
Publication Date | 10/04/2013 |
Content Type | News |
The European Commission has accepted a set of commitments offered by CEZ, the Czech electricity incumbent. These commitments are now legally binding. The Commission had concerns that CEZ may have abused its dominant market position by reserving capacity in the transmission network in order to prevent competitors from entering the market. After the Commission opened an investigation under EU antitrust rules that prohibit such behaviour, CEZ offered to divest a significant generation capacity. Following a consultation of market participants, the Commission is satisfied that the final commitments offered by CEZ adequately address its concerns. |
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Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-320_en.htm |
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Subject Categories | Energy, Internal Markets |
Countries / Regions | Czechia, Europe |