World news Bookmark and Share

19.01.2012 15:35
Antitrust Authorities Raid French Water Companies over Cartel Doubt
The EU’s fight against “defensive cartels and collusive practices” is “one of our priorities in this time of crisis,” EU Competition Commissioner Joaquin Almunia said in a speech yesterday

  • © pierre-alain

Veolia Environnement SA (VIE), the world’s biggest water utility, Suez Environnement SA (SEV) and Saur SA face a formal probe by European Union antitrust regulators into possible collusion to fix the price of water and waste-water services in France.
The European Commission will examine whether the French utilities and their trade group the Federation Professionnelle des Entreprises de l’Eau, or FP2E, “coordinated their behavior” on “elements of the price invoiced to final consumers,” usually French local government authorities, it said in a statement.
Regulators raided the three companies in 2010 over concerns that they colluded in public tenders for water distribution and treatment. The companies have a combined market-share of 69 percent for water distribution and 55 percent for water treatment, according to a study published by FP2E, on its website. Both markets are worth about 12 billion euros a year.
Suez Environnement and its unit Lyonnaise des Eaux “will continue to fully cooperate with the European Commission competition services in charge of this investigation and reiterate their commitment to respecting the rules of competition in the markets where they operate,” the company said in an e-mailed statement.
FP2E said it “has always been very vigilant in respecting the rules of competition,” according to an e-mailed statement. The trade association “will fully cooperate to help the regulatory authorities to reach an objective view of the specifics of the French market.”
Veolia takes note of the formal commencement of the inquiry and will cooperate fully with the Commission, it said in an e- mailed statement today.
Saur didn’t return a call for comment.
The EU’s fight against “defensive cartels and collusive practices” is “one of our priorities in this time of crisis,” EU Competition Commissioner Joaquin Almunia said in a speech yesterday, as quoted by Bloomberg.
Suez Environnement was last year fined 8 million euros by the EU for breaking a seal regulators attached to an office door during the 2010 raid.

TAGS: France | water suply | waste water treatment | cartel | competition | Veolia | Suez | Saur | FP2E | European commission 

All world news

No published comments
Login to comment


20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
Full text


No records in this category!


What kind of transport do you use to get to work?


We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.


What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.