BRUSSELS: EU regulators on Wednesday formally charged Russian gas giant Gazprom with abusing its dominant market position in Europe, a move that risks inflaming tensions with the Kremlin.
“All companies that operate in the European market — no matter if they are European or not — have to play by our EU rules,” said Margrethe Vestager, the Competition Commissioner who last week opened a similar high-profile case against US Internet giant Google.
The European Commission, the EU’s powerful executive arm, said investigators had found that Gazprom significantly hindered competition in Central and Eastern European gas markets, where the company is by far …read more
Source: theSun
