TITLE

RWE and Eni face EC probe

AUTHOR(S)
Milne, Roger; Jones, Simon
PUB. DATE
May 2007
SOURCE
Utility Week;5/18/2007, Vol. 27 Issue 8, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the European Commission has signalled formal anti-trust proceedings against two major European utilities, Germany's RWE and Italy's Eni. RWE is suspected of acting anti-competitively by charging rival gas suppliers higher rates for using its network and storage facilities in its core area of North Rhine-Westphalia. The Italian energy giant is being investigated over possible capacity hoarding and strategic underinvestment in its gas network.
ACCESSION #
25475544

 

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