The Belgian Competition Authority fines €2 million for excessive pricing on the markets for the production, wholesale and trade of electricity (Electrabel)

On 18 July 2014, the Competition College of the Belgian Competition Authority adopted a decision imposing a €2 million fine on Electrabel for abuse of dominant position contrary to Article 3 of the Belgian Competition Act and of Article 102 TFEU on the market for the generation, wholesale and trading of electricity in Belgium from 2007 until early 2010. The Authority investigated two different types of conduct, namely Electrabel’s withholding of capacity with the aim to keep some capacity out of the market and increase prices, and Electrabel’s use of a “margin scale” mechanism which included an “excessive margin” of €60 per megawatt hour applied to the excess capacity sold to the Belpex day-ahead market exchange. Market definition Before the Authority’s Competition College, which adopts

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Roberto Grasso, Philippe Claessens, The Belgian Competition Authority fines €2 million for excessive pricing on the markets for the production, wholesale and trade of electricity (Electrabel), 18 juillet 2014, e-Competitions July 2014, Art. N° 69340

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