Competition Commissioner Margrethe Vestager on Thursday stuck with her controversial decision not to fine Gazprom on charges that it abused its dominance to rip off consumers in Central and Eastern Europe.
Instead, the settlement announced Thursday will seek to change Gazprom’s behavior through a set of legally-binding commitments.
“Our decision provides a tailor-made rulebook for Gazprom’s future conduct,” Vestager said. “It gives Gazprom customers in Central and Eastern Europe an effective tool to make sure the price they pay is competitive.”
Under the deal, the Kremlin-backed firm agreed to make deep changes to the way it has historically done business in Central and …read more
Source: European Voice
