A PYMNTS Company

EU: Brussels nears settlement with Gazprom after 5-year probe

By  |  October 24, 2016

Brussels is nearing a draft settlement with Gazprom to end a five-year antitrust probe into alleged overcharging, a move that risks a backlash from eastern European states angered by the Russian energy giant sidestepping a fine.

Although the European Commission and Gazprom have worked out technical details of a deal to end the competition probe, the case is heavily complicated by politics and deteriorating EU-Russia relations over Syria and Ukraine.

Full Content: Kyiv Post

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.