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EU: Romanian energy exchange may sue EC over $1.4M fine

By  |  March 11, 2014

One week after the European Commission lodged a $1.4 million fine against Romanian energy exchange OPCOM, reports say the body is exploring taking legal action against the Commission as well as the National Energy Regulatory Authority.

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    OPCOM was fined for abusing its market dominance, a violation that regulators say barred EU traders from entering the Romanian electricity exchange market.

    But at a subsequent press conference, OPCOM said it is exploring legal action against the Commission.

    Full Content: The Diplomat

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