A PYMNTS Company

CEZ’s divestiture offer is being market tested

 |  July 10, 2012

The European Commission is market testing CEZ’s offer to divest one or two of its plants in the Czech Republic. The Commission is asking for comments from interested parties. The CEZ is hoping to end the EU probe into possible anticompetitive practices in the domestic wholesale market. The Commission is particularly concerned with whether CEZ built up excess capacity.

Possible plants to be sold include the 1,000-megawatt Pocerady station, the 800-megawatt Chvaletice plant, the Detmarovice plant, or the Tisova plant with the Melnik 3 station. The stations would be sold to Czech Coal or EPH, an energy investment group.

Full content: EC Press Release


Related contentWalter Eucken and Ordoliberalism: An Introduction from a Consumer Welfare Perspective


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