Bulgarian Power Distributor Energo-Pro Grid Faces Anti-Trust Probe

Bulgaria's anti-trust regulator said on Tuesday it has launched a probe to determine if power distributor Energo-Pro Grid [BUL:2EG] may have engaged in behavior aiming to prevent, restrict or disrupt market competition.

The Commission for Protection of Competition said in a statement the probe was prompted by suspicions Energo-Pro Grid may have abused its dominant market position by refusing to connect to its distribution grid renewable energy producers.

The permit area of Energo-Pro Grid, majority-owned by Energo-Pro Bulgaria, itself a wholly-owned subsidiary of Czech power group Energo-Pro, covers nearly 30,000 square kilometers in Northeastern Bulgaria. The company operates and maintains an electricity distribution grid with length totaling 42,185 kilometers as well as 26 substations.

Source: SeeNews