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MOL has carried on business at the various energy markets via its subsidiaries such…
As seen above, not only the real addressed transaction but also its direct and indirect…
Afterwards obtaining the notification regarding the permission demand of acquisition,…
The Commission inquired the relevant market, the effect of the merger, etc. with…
In Hungary, %48 of energy demand has been satisfied by natural gas.(249)…
Hungary is neither close to European gas producers such as Dutch, Norwegian gas nor…
Furthermore, via market analysis it is found that, due to the current long term contract…
Examination regarding the entry/exit point in the Hungarian natural gas market, it…
Moreover the fact that there are only two entry/exit points in the country and not…
It is examined that currently MOL WMT has dominant position on the gas produce market…
It is also emphasised that having access to natural gas storage facility is important…
The Commission also considered that during the investigation, neither Hungarian nor…
In the concreate case, Hungarian Energy Office has resolved that concentration between…
(1) Acquisition does not affect the competence, capability, qualifications, which…
(2) Regulated access to MOL Storage will be applicable for all system users and business…
(3) Gas storage development plan starts from the year of 2005 to 2009 which is accepted…
(4) Scope of public utility wholesaler’ customer shall not be extended. …
(5) E.ON gets the approval and guarantee of execution of a programme from public…
(6) Exact organizational alterations in MOL Storage and MOL WMT has to be submitted…
(7) Before 31 May 2006, trade and public utility wholesale activity of MOL WMT legally…
(8) Hungarian Energy Office also requested to be informed about the Commission decision…
Beside the assessment of natural gas market and its dynamics, relevant electricity…
It is ascertained that beforehand of planned acquisition though MOL WMT effectively…
Shareholding structure of E.ON and its subsidies which enable it to operate in the…
Thereafter, the Commission stated that retail of gas and electricity as well as the…
Regarding the above mentioned reasons, the Commission evaluated that the planned…
Afterwards of these competition concerns raised by the Commission, E.ON submitted…
(1) “Ownership unbundling”(273) …
According to the agreement to be concluded between MOL and E.ON for the acquisition…
(2) It is granted that MOL may request E.ON to buy a %25+1 or a %75 -1 share interest…
(3)“Gas Release Programme” whose implementation was undertaken by E.ON will take places via internet auction and for 8 years in Hungary on condition that affiliates of E.ON will not participate to this auction directly or indirectly.(276)…
(4) “Contract release” commitment is about to contract assignment. Supply contract…
When the Commission evaluated these contract and gas release programmes, it also…
(5)Wholesalers and end users are ensured to have access to the gas storage at regulated…
After obtaining the commitments, the Commission has given its decision under condition…
