The Polish Competition Authority fines companies for collusion on the heat market (Veolia / PGNiG Termik)

Decision of the President of UOKiK concerning collusion on Warsaw heat market. First penalty for manager* Market allocation, as well as price and tender fixing resulting in higher heat prices in Warsaw. Nearly PLN 120 million in penalties have been imposed by Tomasz Chróstny, the President of UOKiK, on Veolia Polska group companies for these practices. A manager who was directly responsible for violating applicable regulations has been penalized for the first time as well. The remaining participants of the collusion scheme, i.e. PGNiG group companies, have avoided a penalty by taking part in the leniency programme, informing about the collusion and providing significant evidence to support the case. Warsaw’s heating system is the largest of its kind in all of European Union. The key

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Polish Competition Authority, The Polish Competition Authority fines companies for collusion on the heat market (Veolia / PGNiG Termik), 7 December 2020, e-Competitions December 2020, Art. N° 98336

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