A PYMNTS Company

CEZ’s divestiture offer is being market tested

By  |  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.

    Get the Full Story

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

    yesSubscribe 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.

    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 content: Walter 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.