Brussels, 06/03/2014 (Agence Europe) - On Wednesday 5 March, the European Commission imposed a fine of just over €1 million on S.C. OPCOM S.A. for abusing its dominant position in the Romanian market for facilitating electricity spot trading, in breach of EU antitrust rules.
OPCOM operates the only power exchange in Romania. Power exchanges are organised markets for trading electricity. Spot trading means trading in the short run (e.g. within the same day or for the next day). The...