Hessen cartel authority clamps down
- From: Vol 8, Issue 11 (November 2007)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: E.ON, enwag, Mainova and Thüga
Proposed price cuts could wipe millions off E.ON’s revenue base.
Prices charged by water companies in the German state of Hessen continue to be squeezed by the cartel authority at the state economy ministry. “It should not be possible for E.ON Groupshareholders to drain off monopoly profits from water taps in Frankfurt, Gelnhausen or Wetzlar thanks to the stakes held in water companies by its subsidiary Thüga,” comments ...
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