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Bulgaria: Regulator accuses power distributor CEZ of abusing market position

By  |  May 16, 2016

Bulgaria’s competition watchdog accused the local unit of power utility CEZ on Monday of abusing its dominant position in the country’s electricity market.

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    One of CEZ’s distribution firms had worked against the interests of consumers by refusing permission for a local firm to access the electricity grid, the Commission for Protection of Competition said in a statement.

    CEZ will have 30 days to object to the findings, the watchdog said.

    A CEZ spokeswoman said the company does not breach Bulgarian laws, including anti-monopoly ones, and will object to the watchdog’s findings.

    “We are convinced that we have not done anything wrong,” she said.

    Last May, CEZ, which owns two distribution firms and a thermal power plant in Bulgaria, was fined 1.25 million levs by the watchdog for abusing its dominant market position.

    Full Content: Reuters

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