HUNGARY ELECRICITY COMPANY RESTRICTIVE PRACTICE INQUIRY

STORIES BY KEITH NUTHALL EUROPEAN Commission investigators have raided Hungarian power operators looking for evidence that long-term electricity purchase agreements break European Union (EU) competition laws. The probe is one of a series of actions taken by the Commission's directorate general for competition to drive restrictive practices out of the power sector across Europe. Hungary radio reported that the country's biggest electricity wholesaler MVT Rt. was raided, along with grid operator Mavir Rt. National Hungarian competition officials joined Brussels ...


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