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Europe Daily Bulletin No. 9938

9 July 2009
Contents Publication in full By article 12 / 40
GENERAL NEWS / (eu) eu/competition
E.ON and GDF Suez fined €553 million each for market-sharing in gas markets

Brussels, 08/07/2009 (Agence Europe) - On Wednesday 8 July, the European Commission imposed fines totalling €1 106 000 000 on E.ON AG and its subsidiary E.ON Ruhrgas AG (of Germany) and on GDF Suez SA (of France) for market sharing in breach of EC Treaty rules on cartels and restrictive business practices (Article 81). E.ON/E.ON Ruhrgas and GDF Suez are fined €553 000 000 each. Competition Commissioner Neelie Kroes said, "This decision sends a strong signal to energy incumbents that the...

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