EU Brings Antitrust Claims Against Utilities

Law360, New York (July 26, 2007, 12:00 AM EDT) -- European Commission regulators have initiated legal proceedings against French energy companies Suez SA and Electricite de France, alleging that the utility companies conspired to fix prices in Belgian and French markets.

The Commission said on Thursday that it had launched an investigation of Electrabel, the Belgian arm of French company Suez, and EDF, France's government-sponsored energy company, for allegedly abusing dominant market position.

“Electrabel and EDF may have introduced long-term exclusive purchase obligations in their supply contracts with industrial consumers that make it difficult for new...
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