It's a huge fine.
The French Competition Authority on Tuesday imposed a fine of 300 million euros on EDF and several of its subsidiaries for abuse of a dominant position.
This decision follows a complaint filed by Engie.
EDF was accused of having "misused" from 2004 to 2021 customer files, which the group had as part of its public electricity service mission, to offer consumers gas market offers, electricity and other energy services.
Amount already known
EDF reacted by “taking note of the decision”.
It had already included in its 2021 accounts the amount of the sanction, which was the subject of negotiation.
Since 2007, individuals have been able to subscribe to EDF's regulated sales tariff (TRV) (for electricity) with prices set by the public authorities, but also to market offers, at free prices, sold both by the incumbent French operator than by dozens of competitors: Engie, Eni, Total, Vattenfall, etc.
In addition to the use of customer files eligible for the regulated tariff, EDF is sanctioned for having also used the commercial infrastructures dedicated to the management of regulated tariff contracts, to develop the marketing of its market offers, underlines the Competition Authority .
The objective was to “convert a large part of its clientele at the pivotal moment of the end of TRV electricity for part of the professional clientele”.
The group wanted to "maintain its market share in the supply of electricity and strengthen its position in the related markets for the supply of gas and energy services", according to the same source.
As part of the investigation, EDF had requested the benefit of the "transaction procedure".
This procedure allows a company that does not deny the facts to obtain a financial penalty within a range negotiated with the general rapporteur.
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A fault ?