The Council of the Commission for Protection of Competition has fined EPS Distribucija, a subsidiary of state-owned power utility EPS, with 2.67 million euros after it determined that as the sole operator in electricity distribution market in Serbia, EPS Distribucija abused its dominant position. This is the highest antitrust fine imposed by the Serbian regulator so far.
During the procedure, the Commission found that EPS Distribucija had abused its dominant position by placing individual commercial electricity suppliers, especially EPS Snabdevanje, in an advantageous position compared to other competitors in the market. Such behavior is, among other things, a result of non-transparent business policy of EPS Distribucija. For the access to electricity distribution system EPS Distribucija imposed an obligation of depositing a collateral for all commercial suppliers, except EPS Snabdevanje.
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Tags: electricity, electricity supply, EPS, EPS Distribucija, fine, market abuse, Serbia