Germany Aims Competition Reforms At Energy Sector

Law360, New York (April 20, 2007, 12:00 AM EDT) -- In the midst of skyrocketing energy prices in Europe, the German government is set to approve changes to the country’s competition laws that would give regulators more power to crack down on excessive pricing by energy firms.

The legislation, which would give the Bundeskartellamt, or Federal Cartel Office, the authority to charge energy suppliers with abuse of dominance if their prices are higher than those of competitors, is expected to be approved by Germany’s Cabinet next week.

The bill would also shift the burden of proof...
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