Italy Investigates Snam-Edison Gas Storage Agreement

Reported 2 days ago

Italy's antitrust agency, AGCM, has launched an investigation into Edison's sale of its gas storage unit to Snam, assessing whether the deal could significantly reduce competition by enhancing Snam's dominance in the gas storage market. The agreement, announced in July, involves three gas storage sites valued at up to 630 million euros.

Source: YAHOO

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