EU probes Germany’s energy discounts for industry

Published



BRUSSELS (AP) — The European Commission formally launched an investigation Wednesday to find out whether energy price cuts granted to industrial clients in Germany is a hidden form of state aid.

Large electricity consumers were exempt from paying around €300 million ($390 million) in network charges last year alone — an arrangement that may put competitors in other member states at a disadvantage, said the Commission, which is also the 27-nation bloc’s antitrust watchdog.

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