Legal Updates

On 24 May 2018, the European Commission ("Commission") imposed legally binding obligations on Gazprom after the latter had offered several commitments to address the Commission's concerns that it had abused its dominant position contrary to Article 102 of the EU Treaty by restricting the free flow of gas and imposing unfairly high prices in Central and Eastern European ("CEE") gas markets. By adopting a commitments decision pursuant to Article 9 of Regulation 1/2003, the Commission terminated its investigation without finding an infringement or imposing a fine.

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