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

Carbon Emissions Probe Of E.ON To Be Dropped

Law360 (April 27, 2009, 12:00 AM EDT) -- Germany's cartel office will reportedly soon drop a probe of E.ON AG into allegations that the energy company abused a European Union emissions trading system by selling its carbon dioxide emissions certificates at a profit, despite receiving them for free.

Bernhard Heitzer, president of the Bundeskartellamt, told reporters at a cartel conference in Hamburg that the investigation would end within a few weeks with no consequences for E.ON, Dow Jones reported Monday.

Heitzer reportedly said that the main reason the probe was being dropped is that...
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.