login
login

Europe Daily Bulletin No. 11601

27 July 2016
ECONOMY - FINANCE - BUSINESS / (ae) competition
Commission releases E.ON from its commitments

Brussels, 26/07/2016 (Agence Europe) - On Tuesday 26 July, the European Commission released the German energy sector company E.ON from its commitments to reduce its long-term reservations on the German gas network, almost five years ahead of schedule.

It explained that the implementation of the commitments had led to a significant increase in competition on the market. “Since E.ON started to reduce its long-term bookings of pipeline capacity, other companies have been able to enter and...