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Home > Finance > Czech watchdog launches formal probe into collusion in heat and power plant auction

Finance

Czech watchdog launches formal probe into collusion in heat and power plant auction

Published by Global Banking and Finance Review

Posted on June 4, 2025

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PRAGUE (Reuters) -The Czech anti-monopoly office UOHS has started an investigation into a potential cartel agreement among three major Czech energy suppliers, it said on Wednesday.

A spokesman said the case followed up on an initial probe last year in a case when UOHS inspected premises of electricity producers CEZ, EPH and Veolia Energie over a government auction for state aid for building power plants.

UOHS was looking into whether the three companies coordinated bids in the auction meant to pick companies to build gas or biomass power and heat plants as part of a decarbonisation drive.

CEZ, EPH and Veolia did not immediately respond to requests for comment.

(Reporting by Jan Lopatka; Editing by Kirsten Donovan)

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