site.btaCompetition Protection Commission Fines CEZ Razpredelenie Bulgaria Lv 1.25 Mln for Abuse of Dominant Position

Competition Protection Commission Fines
CEZ Razpredelenie Bulgaria Lv 1.25 Mln
for Abuse of Dominant Position


Sofia, May 18 (BTA) - The Commission for the Protection of
Competition (CPC) has fined the CEZ Razpredelenie Bulgaria AD
electricity distribution company with 1,250,056 leva for abuse
of dominant position, the commission said Monday.

The company has delayed without grounds the conclusion of a
contract for the sale of joining facilities developed according
to a procedure set down in a special ordinance for joining
producers and consumers of electric power to the grid and the
electricity distribution network. According to CPC, in this way
CEZ Razpredelenie Bulgaria AD may prevent, restrict or violate
competition and may abuse consumer interests.

CPC has decreed termination of the abuse and required the
company to draw up and submit within 30 days a detailed list of
all required documents related to the transaction./LI/BR

/ДЛ/

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By 08:22 on 24.07.2024 Today`s news

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