European Union antitrust regulators accepted on Thursday an offer from state-owned Bulgarian Energy Holding to open up the country’s wholesale electricity market.
“BEH has committed to offer certain volumes of electricity on an independently-operated day-ahead market on a newly-created power exchange in Bulgaria,” the European Commission said in a statement.
The offer came following a three-year investigation which led to EU charges that BEH had prevented traders from freely re-selling electricity bought from the company and that it also set territorial curbs on the traders.
Full content: New Europe
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