Cartel Office might assess RWE鈥檚 influence ahead of innogy deal
The planned deal between German utility heavyweights RWE and E.ON to split up RWE鈥檚 spin-off innogy between them has attracted the attention of Germany鈥檚 cartel office, the Bundeskartellamt, Handelsblatt reports based on information provided by news agency Reuters. Cartel office president Andreas Mundt said RWE鈥檚 share in wholesaler power retailing of one third made it the biggest player in that market. 鈥淚 don鈥檛 say that鈥檚 problematic. I also don鈥檛 say that this is an easy situation. We might have to have a look at it in due course,鈥� Mundt said. Germany鈥檚 first competition guardian added the deal鈥檚 effects on renewable power production, grids and retailing are 鈥渕anageable鈥�.
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See the 威力彩玩法 dossier Utilities and the energy transition for background.