On 23 February 2010, the Court of Appeal held that the UK Competition Appeal Tribunal ("CAT") had correctly upheld a decision of the UK energy regulator, OFGEM, that National Grid had abused its dominant position in the market for the provision of domestic-sized gas meters. The CAT had reduced OFGEM's original £41.6 million fine on National Grid to £30 million. The Court of Appeal further reduced the fine to £15 million. National Grid, the incumbent dominant gas provider, entered into meter service agreements ("MSAs") with other gas providers to whom it supplied meters. Provisions in these MSAs
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The UK Court of Appeal upholds an abuse of dominance finding against incumbent gas provider but reduces the size of the fine imposed (National Grid)
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