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Image header Agence Europe
Europe Daily Bulletin No. 11032
Contents Publication in full By article 12 / 31
ECONOMY - FINANCE - BUSINESS / (ae) competition

EPEX and NPS power exchanges fined over price-fixing

Brussels, 05/03/2014 (Agence Europe) - On Wednesday 5 March, the European Commission imposed fines totalling €5.979 million on the two main European spot power exchanges (organised markets for trading electricity) - EPEX Spot (EPEX, France) and Nord Pool Spot (NPS, Norway) - for having agreed not to compete with one another for their spot electricity trading services in the European Economic Area (EEA). Such behaviour breaches EU antitrust rules that prohibit cartels and restrictive...

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EXTERNAL ACTION
ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
BUSINESS NEWS NO 95