Gazprom Accused of Market-Power Abuse to Raise EU Gas Prices

April 22, 2015 12:43 PM

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Gazprom Accused of Market-Power Abuse to Raise EU Gas Prices

European Union regulators attacked OAO Gazprom’s pricing structure throughout the eastern part of the continent, further straining political relations between the 28-nation bloc and Russia.

Margrethe Vestager, the EU’s competition chief, said Gazprom may have imposed unfair prices by preventing gas from flowing from certain central and eastern European countries to others. The move comes days after she signed off on a so-called statement of objections to Internet search giant Google In...

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