Settlement likely in Gazprom probe – OIES analysts

Brussels is likely to accept Gazprom’s commitments to resolve the antitrust case against the company despite some opposition, says the OIES
By Andreas Walstad 4 July 2017
Margrethe Vestager has said imposing a fine would not necessarily result in Gazprom changing its behaviour. (EC)

The European Commission is likely to accept Gazprom’s commitments in its antitrust case against the Russian monopoly, thus closing the case with a settlement but no fine, a paper released this week by the Oxford Institute for Energy Studies (OIES) concluded. 

Brussels said in March that it was happy with the remedies proposed by Gazprom to settle the antitrust investigation, which was launched five years ago. But before reaching a final verdict, it asked market participants to submit their opinions through so-called ‘market testing’. 

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