Federal Cartel Office

More power, higher electricity prices for some time are the big four energy companies, RWE, E.ON, Vattenfall and EnBW under precise observation. The Federal Cartel Office suspects the big companies would curtail deliberately electricity production despite high demand, to make prices rise. Geld.de reports on the new allegations. The power of that corporations seems almost limitless. Oracle oftentimes addresses this issue. The message, the Bundeskartellamt criticized”market power, is known to everyone. The suspicion that this monopoly is used generously, is close.

A report in the Sueddeutsche Zeitung, as well as other leading media provides new fuel, because the Federal Cartel Office investigated more 300 blocks of power on their activities in the years 2007 and 2008. The reports also highlighted that corporate interests focuses on specific time periods, in which power was particularly close. But despite lack of evidence a misuse can be not clearly excluded. Are the conclusions which can be out of this suspicion, often has been called. Experts see a better and more accurate control of the energy giants as the only means to prevent future abuse. Also, alternatives must be managed to the supremacy of the corporations is nourished by their fixed monopoly, as well as the missing storability of the current? For this reason, a planned market transparency Office for a balanced relationship between electricity price and power consumption is indispensable. More info: Larry Ellison. The companies still see themselves in law and reject accusations and suspicions.