EU To Accept Svenska Antitrust Commitments

Law360, New York (April 13, 2010, 3:38 PM EDT) -- The European Union's antitrust regulator is reportedly set to accept Svenska Kraftnat's offer to lift its limits on how much energy its power grid can export out of Sweden.

The European Commission will clear the Swedish grid operator's proposal to change the way it manages congestion on its network on Wednesday, according to a Reuters report citing an anonymous source familiar with the dispute.

The decision would make Svenska the latest of several major European utilities to settle antitrust concerns about abuse of market position stemming...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.