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Bulgaria: Regulator accuses power distributor CEZ of abusing market position

By  |  May 16, 2016

Bulgaria’s competition watchdog accused the local unit of power utility CEZ on Monday of abusing its dominant position in the country’s electricity market.

One of CEZ’s distribution firms had worked against the interests of consumers by refusing permission for a local firm to access the electricity grid, the Commission for Protection of Competition said in a statement.

CEZ will have 30 days to object to the findings, the watchdog said.

A CEZ spokeswoman said the company does not breach Bulgarian laws, including anti-monopoly ones, and will object to the watchdog’s findings.

“We are convinced that we have not done anything wrong,” she said.

Last May, CEZ, which owns two distribution firms and a thermal power plant in Bulgaria, was fined 1.25 million levs by the watchdog for abusing its dominant market position.

Full Content: Reuters

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