Xinhua Paris December 12 (reporter long Jun LU) according to France the latest reports of the ECHO, after lengthy negotiations, France electricity company finally agreed to reduce to other . wholesale supplier of electrical power supply.
France in 9 months before the competition Board received an independent power supply commercial demands for Direct Energie, begins on France investigation and negotiations with the power companies. According to reports, facilitated by the Commission, France wholesale electricity companies have undertaken to significantly reduce power to promote France power competition in the retail market. It would take out their power output 2% wholesale to other electricity suppliers, wholesale prices over the next 5 years will be lower than in the current 20%.
France electricity company is France and Europe’s largest power supplier, which France occupies a monopolistic position in the market. Some independent power supplier complains about abuse of a monopoly, to their high wholesale power prices caused by unprofitable, seriously affecting competition in the market.
France Competition Commission part of the France of finance, mainly through punishment contrary to free competition rules to safeguard consumer interests. The Committee has as a result France Telecom monopoly abuse and 10 times it has punished, which accrued to the State to pay fines of up to 4. 900 million euros. Analysts believe that France wholesale power companies the lower power, wished to adopt the compromise to avoid being subjected to heavy punishment.