EU anti-trust officials raid Czech energy giant ČEZ over alleged anti-competitive behaviour

Anti-trust officials from the European Commission have carried out surprise inspections at energy giant ČEZ and other power companies in the Czech Republic. The raids took place as part of an investigation into suspected anti-competitive behaviour, the European Commission said on Tuesday. It said it was looking into whether ČEZ had worked to block competitors in order to boost its own position as the country’s dominant wholesale power supplier, either acting alone or in conjunction with other firms. Counterparts from the Czech anti-trust body took part in the raids alongside European Commission officials.

Author: Ian Willoughby