European Commission Cracking Down on Gazprom`s European Business - Case Comment AT 39816
The European Commission issued a legally binding antitrust decision ( AT 39816 ) yesterday that imposes a number of conditions on Gazprom to continue its business operations in Europe. Amongst them is the obligation for Gazprom to remove the infamous prohibition for customers to re-sell gas cross-border from Gazprom`s delivery contracts. The measures shall force Gazprom to end the practice of selling gas to different EU Member States at different prices. However, there are issues with the dcision that Gazprom is likely to seize upon.