Italian Watchdog Probes Italgas Over Withheld Info

Law360, New York (October 20, 2010, 3:56 PM EDT) -- Italy's competition watchdog is launching an investigation into whether Snam Rete Gas SpA subsidiary Italgas abused its dominant position as a gas distributor by refusing to fork over information to the cities of Rome and Todi.

The Autorita Garante della Concorrenza e del Mercato will try to ascertain if Italgas impeded competition by delaying or refusing to produce information the two cities needed to put together invitations to submit bids for their gas distribution concessions, the watchdog announced Wednesday.

Todi and Rome indicated they had encountered...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.