The Polish Competition Authority prohibits a merger in the energy sector (PGE / Energa)

Polska Grupa Energetyczna S. A. ("PGE") and Energa S. A. ("Energa") are state owned companies producing, distributing and trading electric energy. In September 2010, PGE concluded an agreement with the Ministry of Treasury concerning the purchase of 84,19% of Energa's shares. On 20 October 2010, PGE filed to the President of the Office for Competition and Consumer Protection ("the President of the OCCP") a notification of a planned concentration. The concentration would affect several markets horizontally and vertically, in particular the relevant market of the production, the wholesale market and retail market of energy. When assessing the geographic scope of the market, particular attention was given to the market of production, as other markets constitute the next level of trade.

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Authors

  • Greenberg Traurig Grzesiak (Warsaw)
  • Hogan Lovells (Warsaw)

Quotation

Robert Gago, Ewa Tabor, The Polish Competition Authority prohibits a merger in the energy sector (PGE / Energa), 13 January 2011, e-Competitions Bulletin Energy & Mergers, Art. N° 34262

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