We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Centrica Can't Shake Antitrust Limits On Gas Facility

Law360 (January 12, 2011, 2:54 PM EST) -- U.K. antitrust regulators Wednesday preliminarily rejected Centrica PLC's bid to lift competition restrictions on a gas storage facility the British energy giant acquired in 2002, but agreed to consider changes to the constraints.

In a provisional decision, the U.K. Competition Commission found that though the market to supply gas in Great Britain had changed significantly in recent years, Centrica had maintained its strength in the retail arena.

The watchdog likewise decided that the storage facility for the Rough gas field in the North Sea, which is...
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.