German Competition Agency Probes Wingas Resale Ban

Law360, New York (February 18, 2010, 5:08 PM EST) -- Germany’s competition watchdog has opened an investigation into natural gas producer Wingas GmbH & Co. KG’s inclusion of a resale ban in certain supply contracts.

Wingas — a joint venture between German-based crude oil and natural gas producer Wintershall Holding AG and Russia’s OAO Gazprom — said Thursday that Germany’s Bundeskartellamt, the nation’s competition authority, is looking into provisions in its contracts that prohibit buyers from resale.

“Wingas has been contacted by the cartel office as part of the agency’s market investigations on gas supply agreements...
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