European Commission
The European Commission has sent a Supplementary Statement of Objections to the Greek electricity provider Public Power Corporation S.A. ('PPC'). This is a further step in the Commission's ongoing investigation on whether PPC breached EU antitrust rules by selling electricity in the Greek wholesale market below cost between 2013 and 2019, thereby excluding its main competitors at the time. It follows a Statement of Objections sent in February 2024 detailing the Commission's competition concerns.
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