The Danish District Court of Glostrup issues four fines in relation to unlawful price coordination in the gas sector (Hovedstadsregionens og Midt-Nords Naturgasselskab / Gastech Energy)
On 21 April 2022, the District Court of Glostrup issued a judgment that ordered Hovedstadsregionens og Midt-Nords Naturgasselskab I/S (formerly HMN Naturgas) and Gastech Energy to each pay an 8 million kroner fine for unlawful price coordination in the natural gas furnaces market. The same judgment also issued fines against two complicit individuals, which amounted to 75,000 kroner and 50,000 kroner. Facts
In 2016, the Danish Competition Council (DCC) published a decision on a case in which the former HMN Naturgas had unlawfully coordinated prices in the natural gas furnaces market with two competing companies and a trade association. The DCC stated that the price coordination constituted an infringement of section 6 of the Danish Competition Act and article 101(1) of the Treaty on the
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