Cartel Suspicions Against OMV

EnergyOil & Gas ♦ Published: September 27, 2011; 20:24 ♦ (Vindobona)

The Commission of the EU suspects ten gas companies of market abuse. The Austrian OMV wants to cooperate with the authorities.

Cartel Suspicions Against OMV / Picture: © Wikimedia Commons / Waerfelu [CC BY-SA 3.0 (https://creativecommons.org/licenses/by-sa/3.0)]

Officials of the European Commission have executed a razzia in the offices of the OMV, which is suspected of abuse of market power and of distortion of competition. The OMV has confirmed the razzia. Nine other European gas companies are under suspicion too.

“We certainly cooperate with the authorities and will support them for their research activities.”, a spokesperson of…