The Commission has opened formal proceedings in its investigation into whether CEZ a. s. (CEZ), the incumbent electricity producer in the Czech Republic, abused its dominant position by hindering or preventing competitors’ entry to the Czech wholesale electricity market, in particular through the hoarding of capacity in the transmission network.

The Commission carried out inspections at the premises of CEZ and other companies active in the Czech electricity market in November 2009.

The Commission is also investigating alleged obstructions during these inspections by Energetický a průmyslový holding and J&T Investment Advisors, for which Statements of Objections were sent in December of last year.