The Italian Competition Authority accepts commitments from the Italian electricity incumbent and closes proceedings for alleged breach of art. 82 EC without imposing sanctions (Comportamenti Restrittivi sulla Borsa Elettrica)

On 20 December 2006 the Italian Competition Authority (hereinafter, also ‘‘AGCM'') accepted commitments by Enel S.p.a. (hereinafter, also Enel) and its subsidiary Enel Produzione S.p.a. (hereinafter, also Enel Produzione), and closed investigations in the wholesale electricity sector without imposing fines. The parties and the facts of the proceedings Enel is the Italian electricity incumbent, that is also active in the power generation sector through its subsidiary, Enel Produzione. The 21.4 % of Enel share capital is owned by the State, 10.2 % by Cassa Depositi e Prestiti S.p.a., while the rest is listed on the market. After receiving a complaint from the Italian Energy Authority (hereinafter, also ‘‘IEA''), the AGCM had opened proceedings against Enel and Enel Produzione for alleged

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  • National University of Singapore

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Valerio Torti, The Italian Competition Authority accepts commitments from the Italian electricity incumbent and closes proceedings for alleged breach of art. 82 EC without imposing sanctions (Comportamenti Restrittivi sulla Borsa Elettrica), 20 December 2006, e-Competitions Bulletin December 2006, Art. N° 14765

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