Competition Watchdog Probes Energo-Pro Sales

Competition Watchdog Probes Energo-Pro Sales

Bulgaria's competition regulator said it has launched an investigation whether power supply company Energo-Pro Sales has abused its dominant position on the local market.

The regulator is investigating whether Energo-Pro Sales and Energo Pro Grid abused their dominant position last year when they halted power supply to the water utility in the northeastern town of Dobrich, the Commission for Protection of Competition (CPC) said in a statement.

CPC said that Energo-Pro Sales had to take into consideration the effect of its decision on the public and the fact that the utility was taking steps to repay its obligations.

All parties concerned have 30 days to justify their positions.

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

 

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