A PYMNTS Company

Bulgaria: Target moves to electric cos

By  |  March 28, 2013

A probe has been initiated by the Bulgarian Commission for Protection of Competition into three of the nation’s regional electricity companies in response to allegations that the three colluded to make secret agreements in efforts to prevent customers from switching electric suppliers. The CPC has also announced that their investigation will work closely with the European Commission’s DGComp Antitrust, energy and environment department, and that findings of the probe will be revealed to DGComp when the investigation is completed. The regional companies are controlled by CEZ, EVN and Energo-Pro. The CPC announced visits to various offices on Thursday as part of the investigation.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Full Content: Publics.bg

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.