As the European Commission is readying to release its market report on EU energy costs, the regulator has released a sneak-peak into its findings.
Among those discoveries includes the conclusion that taxes set by national governments can be blamed for rising energy prices, even as wholesale costs fall; such national regulation over the industry is harming competition, the Commission said, leading to higher consumer costs.
Reports have released a list of major findings from the Commission’s report, including the claim that while wholesale prices have dropped, more than half of households in the EU are still burdened by state regulation and prevents wholesale price drops to lead to retail price drops.
The Commission is set to release its full report on the industry on January 22, say reports.
Full Content: Clean Technica
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Hess Shareholders Approve $53 Billion Merger with Chevron
May 28, 2024 by
CPI
EU Regulators Engage with Telegram as App Nears Critical Usage Threshold
May 28, 2024 by
CPI
EEX Offers Remedies to Address EU Antitrust Concerns Over Nasdaq Deal
May 28, 2024 by
CPI
BRG Expands European Competition Practice with New Expert Team in Brussels
May 28, 2024 by
CPI
UK Law Empowers Regulators to Fine Big Tech Without Court Approval
May 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Merger Guidelines Retrospective
May 21, 2024 by
CPI
Mergers of Complements
May 21, 2024 by
CPI
Personality Traits, Private Equity, and Merger Analysis
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Lessons in the Importance of Incipiency, Modern Economics, and Monopsony
May 21, 2024 by
CPI
The 2023 Merger Guidelines: Sharpening Merger Analysis
May 21, 2024 by
CPI