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Enel’s 2018 Antitrust Fines Is Annulled By Italy’s Top Court

By  |  December 1, 2022

A top administrative court annulled a 93 million euros ($98 million) fine issued by Italy’s competition watchdog in 2018 against Ene and two of its units for alleged abuse of a dominant market position, Reuters Reported. 
A lower administrative court had already cut the fine by two-thirds to 27 million euros in 2019.

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    The top administrative court “found that there was no abuse and therefore ordered the antitrust sanction to be annulled in its entirety”, an Enel statement said.

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    Enel, which has always said it had operated in full respect of market rules, expressed satisfaction with the court’s decision.