E.ON and GDF Suez fined for market sharing

The Commission stated that in 1975 Ruhrgas, now part of the E.ON group, and Gaz de France, now part of GDF Suez, reached the anti-competitive agreement when they decided to jointly build the Megal gas pipeline across Germany to import Russian gas into Germany and France. "They maintained the market-sharing agreement after European gas markets were liberalised, and only abandoned it definitely in 2005," said the Commission.

"This decision sends a strong signal to energy incumbents that the Commiss

To continue reading...