Competition Watchdog Fines Energo-Pro Unit for Abuse of Dominant Position

Competition Watchdog Fines Energo-Pro Unit for Abuse of Dominant Position

Bulgaria's competition regulator said it has imposed a 1.7 million lev ($1.1 million/870,000 euro) fine on local power supply company Energo-Pro Sales for abuse of dominant position.

Regulatory checks established that Energo-Pro Sales abused its dominant position on the local market last year by halting power supply to the water utility in the northeastern town of Dobrich, the Commission for Protection of Competition (CPC) said in a statement.

The Commission found that the water utility had taken steps to pay back its debt, and Energo-Pro Sales should have taken into account the client's efforts to fulfill its commitments and should not have deprived the citizens of Dobrich of drinking water.

Energo-Pro Sales and Energo Pro Grid are majority-owned by Energo-Pro Bulgaria, a wholly-owned subsidiary of Czech power group Energo-Pro.


Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.