EdF in Antitrust Spotlight

Source:

"Suspected illegal conduct may include actions to raise prices on the French wholesale electricity market."

Electricité de France (EdF) premises in Paris were raided yesterday as part of an antitrust investigation, the European Commission has announced.

"The commission has reason to believe that EdF may have violated EC Treaty antitrust rules that prohibit the abuse of a dominant market position," said a statement, which described the swoop as "a preliminary step in investigations." The EC comment included the statement: "Suspected illegal conduct may include actions to raise prices on the French wholesale electricity market."

EdF confirmed to World Nuclear News that investigations are taking place and the company is cooperating fully.

The state-controlled company generates and supplies virtually all of the electricity used in France, while also controlling the transmission grid operator RTE. The primary source for EdF's electricity is a fleet of 58 nuclear reactors, while other sources include hydro and gas.

EC officials were accompanied by the French competition authority for the "unannounced inspection," which follows the conclusions of an inquiry into the success of the European open market for electricity.

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