PolicyPulse.pro

PolicyPulse.pro identifies the news that matters most to your company and helps you understand the business impact.

Italian Competition Authority Secures EUR 128 Million in Compensations from Energy Companies

01.07.2024 | 🇮🇹 Italian competition authority

The Italian Competition Authority's actions in the energy sector result in compensations of around EUR 128 million for consumers and micro-enterprises due to unilateral price changes.


The Italian Competition Authority has concluded proceedings against five energy companies for making unilateral changes in electricity and gas supply prices. As a result, nearly 600 thousand consumers and micro-enterprises will receive compensations totaling approximately EUR 128 million.

In a related enforcement activity, the Authority imposed fines exceeding EUR 15 million on six energy companies in October, benefiting 4.5 million consumers and micro-enterprises. Additionally, eight companies avoided proceedings by not implementing the unilateral price changes they had previously announced.

Consult source

Terms of Service | Refund Policy | Privacy Policy | Coverage

© 2024 PolicyPulse. All rights reserved.

See something you like or don't like? Let us know!