Bulgaria: CEZ, Energo-Pro reject allegations of market abuse

, SEE Energy News

Bulgarian electricity distribution subsidiaries of Czech energy companies CEZ and Energo-Pro have rejected the allegations of abuse of dominant market position posted by the Bulgarian Commission for Protection of Competition (CPC).

Energo-Pro said in a press release that the company expresses its dissent with the claims of the CPC that it has abused its dominant position on the energy distribution market. In a separate statement CEZ Bulgaria said that the company has fully complied to CEZ Group’s policy of maximum adherence to the regulatory surrounding, including the ones, relating to abuse of dominant position on the market.

Earlier this week, the Commission for Protection of Competition (CPC) said that it has found that electricity distribution companies operated by local subsidiaries of Czech CEZ and Energo-Pro and Austrian EVN have employed strategies and practices that discriminate against electricity traders outside of their corporate structures.

Statement from the CPC said that these actions on the behalf of the three companies restricted electricity trading at freely negotiated prices. According to CPC, CEZ, EVN and ENErgo-Pro have traded information on customers that switched from regulated to liberalized market. The have also stalled the needed paperwork on purpose and thus impeded the customers’ transition to another electricity supplier.