display

Frankfurt / Main (dpa) - Several regional suppliers are again legally defending themselves against the energy deal of the industry giants Eon and RWE.

The Frankfurt utility Mainova has filed a second action for annulment at the Court of the European Union (EGC) in Luxembourg, the company announced on Monday.

In addition to Mainova, ten other plaintiffs are fighting against what they consider to be the dominant market position of the two Dax groups, including the Dresden energy association, Stadtwerke Leipzig, natural power from Düsseldorf and Thuringian energy.

In 2019, the EU Commission approved the multi-billion dollar reallocation of the business areas between Eon and RWE under certain conditions.

Eon had taken over the RWE subsidiary Innogy, but only kept its sales and network divisions.

The renewable energies business from Innogy and Eon again went to RWE.

The division of the energy market among the former rivals is harmful for competition and thus also for consumers, Mainova explained.

The deal between RWE and Eon created an oligopoly.

"For Eon alone there are immense advantages associated with the high number of customers, the enormous network ownership and the strong purchasing power," said Mainova boss Constantin Alsheimer.

In addition, the simultaneous participation of RWE in Eon will create a huge, joint generation and sales unit.

display

After the regional energy suppliers had filed a first annulment suit against the bundling of all generation at RWE in May 2020, the second is aimed at winning the value-added stages of sales, grid and innovative business in favor of Eon.

The aim of a total of 22 nullity actions is to have the approvals of the RWE-Eon merger declared null and void.

RWE and Eon reacted calmly to the lawsuits last year.

These are common for large transactions, it said.

© dpa-infocom, dpa: 210201-99-250451 / 2

Mainova press