Antitrust ruling opens German power market
The European Commission has agreed to close its antitrust investigation of German utility E.ON, on the condition that the company divests 5,000 megawatts of generation and its power grid.
The Commission "had concerns that E.ON may have withdrawn available generation capacity from the German wholesale electricity markets to raise prices, and have deterred new investors in generation."
The Commission also said that E.ON may have favoured its production affiliate for providing balancing services
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