BOFIT Viikkokatsaus / BOFIT Weekly 2017/12

An investigation launched in autumn 2012 into European gas markets initially found that Gazprom violated EU competition rules in many EU member countries of Central and Eastern Europe. Commission findings on the matter were delivered to Gazprom in April 2015. Gazprom recently responded to the Commission with its own proposal on revisions of its practices found to violate EU competition rules. The Gazprom commitments include e.g. a promise to eliminate restriction on gas resellers and increase pricing flexibility. The Commission last week released Gazprom's response for comment. Customers and stakeholders have until the end of April to give input. The commissioner in charge of competition policy, Margrethe Vestager said Gazprom's proposed solution enables the free flow of gas in Central and Eastern Europe at competitive prices.