Gazprom antitrust probe drawing to a close

Energy relations between the EU and Russia may thaw in the near future as the end of a five-year investigation into Gazprom is in sight
By Andreas Walstad 14 March 2017
European Commissioner for Competition Margrethe Vestager has said she is happy with Gazprom’s pledges. (EC)

The European Commission’s antitrust investigation into Gazprom’s alleged market abuse seems to be drawing to a conclusion, a development that could yield lower gas prices for importers in Eastern Europe.

Gazprom and the commission are soon expected to reach a settlement in the longstanding antitrust dispute, which was launched almost five years ago. Margrethe Vestager, the commissioner for competition, said on Monday that she was happy with pledges by the Russian monopoly to change its business practices in Central and Eastern Europe. One of...

Log in or register for a free trial to continue reading this article

Already a subscriber?

If you already have a subscription, sign in to continue reading this article.

Sign in

Not a subscriber?

To access our premium content, you or your organisation must have a paid subscription. Sign up for free trial access to demo this service. Alternatively, please call +44 (0)20 3004 6203 and one of our representatives would be happy to walk you through the service.

Sign up