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Czech energy companies’ obstruction of Commission investigation leads to €2.5 million fine

By  |  March 28, 2012

The European Commission has fined two Czech energy companies for tampering with information and obstructing a 2009 Commission antitrust investigation at their premises. The Commission was investigating possible restrictive business practices and abuse of dominance. Energetický a průmyslový holding and EP Investment Advisors did not block the email account of a key person as requested, diverted the incoming emails of certain blocked accounts, and failed to disclose all relevant documents.

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    The companies were fined a combined total of 2.5 million euros.

    Full content: EC Press Release

     

    Related content: U.S. Discovery of European Union and U.S. Leniency Applications and Other Confidential Investigatory Materials (Samuel Miller, Kristina Nordlander & James Owens, Sidley Austin)