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Bulgaria: Energy company BEH likely to appeal EU fine

 |  December 19, 2018

State-owned Bulgarian Energy Holding announced on Wednesday, December 19, it would very likely appeal the hefty fine the European Union antitrust regulators slapped on it for blocking rivals’ access to key gas infrastructure in Bulgaria between 2010 and 2015.

The European Commission fined BEH €77 million (US$88 million) on Monday, 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.

Full Content: Reuters

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