ADVERTISEMENT

EU’s Kroes to settle gas cartel cases soon – paper

Energy Trade

European Union Competition Commissioner Neelie Kroes wants to settle two cartel cases affecting the European natural gas market in the coming weeks, Germany’s Der Spiegel reported this weekend without citing sources.

The magazine said, she aimed to prove that E.ON and its partner in the MEGAL pipeline project, Gaz de France, had made an illegal agreement not to supply gas in each other’s markets. Meanwhile, RWE intentionally reduced investments in its gases business to hinder competition, the magazine reported. E.ON and RWE declined to comment on the ongoing antitrust proceedings. (Reuters)

ADVERTISEMENT

Investment Fund Net Subscription Reaches HUF 192 bln in Apr Figures

Investment Fund Net Subscription Reaches HUF 192 bln in Apr

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

The Social Aspect of ESG is Now Inescapable Sustainability

The Social Aspect of ESG is Now Inescapable

Tourism Nights Slightly up in April 2023 Tourism

Tourism Nights Slightly up in April 2023

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.