EU Court Upheld Gas Market-Sharing Finding Against E.ON and Reduced Fine to €320 Million
Company: E.ON SE
Summary
In 2009, the European Commission found that E.ON, E.ON Ruhrgas and Gaz de France had infringed EU competition law through a market-sharing arrangement concerning natural gas transported through the jointly operated MEGAL pipeline. For E.ON itself, the Commission identified the infringement period as 31 January 2003 to 30 September 2005. The arrangement restricted the parties from competing in each other's traditional German and French gas markets. The Commission originally imposed a €553 million fine on E.ON and E.ON Ruhrgas jointly and severally. In June 2012, the EU General Court confirmed the core market-sharing infringement but found errors concerning its duration and reduced the fine to €320 million. Sources: EUR-Lex https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=oj%3AJOC_2009_248_R Court of Justice of the European Union https://curia.europa.eu/jcms/upload/docs/application/pdf/2012-06/cp120093en.pdf