A2A, Eni's Italgas Offer Remedies To End Antitrust Probe
March 24 2010 - 6:29AM
Dow Jones News
Italian energy companies Italgas SpA and A2A SpA (A2A.MI) have
presented remedies aimed at ending a probe into possible market
abuse, the country's antitrust body said Wednesday.
According to a document published on the regulator's Web site,
Italgas said it will guarantee a timely and secure response
procedure when asked by rivals for clients that have switched
suppliers and that are using its natural gas meters. A2A has also
proposed to introduce measures that won't discourage the switching
process.
In May, the Italian regulator said it had started a probe into
Italgas and municipal utility A2A for the possible abuse of their
dominant position in the electricity and gas markets.
The antitrust body started the investigation, also into
Rome-based municipal utility Acea SpA (ACE.MI), after receiving a
complaint from rival utility Sorgenia SpA. The regulator also said
Acea has made proposals that seek to end the probe.
The regulator said third parties can make comments on the
proposals by April 26.
Italgas is owned by Snam Rete Gas SpA (SRG.MI), which in turn is
controlled by Eni SpA (E).
Antitrust Web site: http://www.agcm.it
-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924;
liam.moloney@dowjones.com
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