National Grid Appeals £41.6M Competition Fine

Law360, New York (April 30, 2008, 12:00 AM EDT) -- British energy company National Grid Plc has appealed a record £41.6 million ($81.7 million) fine imposed by the United Kingdom’s Gas and Electricity Markets Authority for alleged violations of U.K. competition law.

National Grid filed its appeal with the U.K. Competition Appeal Tribunal on Wednesday, asserting that GEMA had wrongly found that the company had abused its dominant position in the market for domestic-sized gas meters in Great Britain.

GEMA ruled in February that National Grid had abused its dominant market position by putting restrictions on...
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