Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU approves Italian retail gas joint venture between A2A and Gazprom

    EU approves Italian retail gas joint venture between A2A and Gazprom

    npsBy nps16 June 2010Updated:25 June 2024 No Comments2 Mins Read
    — Filed under: EU Law - competition EU News gas Italy mergers
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The European Commission has cleared under the EU Merger Regulation an Italian gas retail supply company between A2A Spa of Italy and Gazprom Germania GmbH, a subsidiary of Gazprom.

    After examining the operation, the Commission concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

    The joint venture called PremiumGas is primarily active in the retail supply of gas in Italy. A2A produces, sells and distributes electricity and gas also in Italy. It also supplies heating services, water and waste management in Italy. Gazprom Germania is a subsidiary of Russian State-controlled company Gazprom active in the production, storage and sale of natural gas. Gazprom is active in the exploration, production, transportation, refining and marketing of natural gas and petrochemical products.

    The Commission’s examination of the proposed transaction showed that the horizontal overlap between the activities of A2A and PremiumGas in the retail supply of gas in Italy is limited and that the merged entity will continue to face effective competition from other companies.

    The Commission also investigated the vertical relationship resulting from the joint venture, between the upstream market of wholesale of natural gas and the downstream market of retail gas supply in Italy. It concluded that the proposed transaction would not close off the market to competition, given that a sufficient number of competitors would remain and due to the low market shares in the downstream markets. Consequently, the transaction does not give rise to competition concerns.

    The transaction was notified to the Commission on 7 May 2010.

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EU agenda - Image by Andreas Lischka from Pixabay

    EU Agenda: Week Ahead – 19-24 May 2025

    Euro coins and notes - Photo by Pixabay

    Eurozone Economic Calendar

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Pound rallies as sentiment improves – Euro currency news daily

    TikTok - Image by Stefan Coders from Pixabay

    TikTok ads system ‘breaking EU’s online content rules’

    Greenhouse gas - Image by Karl Egger from Pixabay

    EU economy’s greenhouse gas emissions rose 2.2 pct in Q4 2024

    Farming tractor - Photo by Jannis Knorr on Pexels

    MEPs tighten screw on Russian and Belarusian agricultural goods

    LATEST EU NEWS
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Pound rallies as sentiment improves – Euro currency news daily

    16 May 2025
    TikTok - Image by Stefan Coders from Pixabay

    TikTok ads system ‘breaking EU’s online content rules’

    15 May 2025
    Greenhouse gas - Image by Karl Egger from Pixabay

    EU economy’s greenhouse gas emissions rose 2.2 pct in Q4 2024

    15 May 2025
    Farming tractor - Photo by Jannis Knorr on Pexels

    MEPs tighten screw on Russian and Belarusian agricultural goods

    15 May 2025
    Business accounting - Photo by Mikhail Nilov on Pexels

    New EU approach to VAT for e-commerce imports to simplify trade and compliance

    14 May 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Design and developed by : 

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?