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Klub 500 accuses SE of abusing dominant position

Industrial association Klub 500, which connects the owners of Slovak companies with over five hundred employees, has said the country's major electricity producer, Slovenské Elektrárne (SE), will be abusing its dominant position on the market if it raises electricity prices for industrial consumers by tens of percent next year.

This is why Klub 500 is calling on the government to use all legal means at its disposal to prevent such practices. Klub 500 has even called for energy prices to be regulated.

The main source of Klub 500’s dissatisfaction is a plan that would allow electricity prices to be determined in auctions, in which SE would bid only 10 percent of its capacity. Klub 500 asserts that this would create the impression of a supply shortage, thereby pushing up prices. SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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