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EU accuses Gazprom of breaking EU antitrust rules

Xinhua, April 22, 2015 Adjust font size:

The European Commission on Wednesday accused Russian gas giant Gazprom of breaking EU antitrust rules by abusing its dominant position on EU gas markets.

The European Commission said in a statement that it has sent a Statement of Objections to Gazprom alleging that some of its business practices in central and eastern European gas markets constitute an abuse of its dominant market position.

EU Commissioner in charge of competition policy Margrethe Vestager said: "All companies that operate in the European market - no matter if they are European or not - have to play by our EU rules."

Gazprom now has 12 weeks to reply and can also request an oral hearing to present its arguments, the statement said.

On its website, Gazprom responded that it considered the claims brought by the European Commission were "unsubstantiated". Endit