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Bulgaria: BEH appeals EU fine

 |  March 3, 2019

State-owned Bulgarian Energy Holding (BEH) announced on Friday, March 1, it has filed an appeal against an US$88 million fine imposed by EU antitrust regulators for blocking rivals’ access to key gas infrastructure in the Balkan country between 2010 and 2015.

The European Commission fined BEH €77 million (US$88 million) in December, stating the company abused its market dominance to hinder competition.

BEH’s gas supply unit, Bulgargaz, and its gas network operator, Bulgartransgaz, are also subject to the fine.

“BEH and its subsidiaries do not accept the Commission’s findings that they have abused a dominant position on the Bulgarian gas market,” BEH said in a statement.

Full Content: Reuters

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