This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Award of damages by Latvian court involves new state aid, EU court opinion says

( June 14, 2022, 09:03 GMT | Official Statement) -- MLex Summary: The award of damages by a national court involves state aid that must be notified to the European Commission, an Advocate General at the EU Court of Justice has said. The case relates to a dispute between two Latvian hydroelectric power producers and the Public Services Regulatory Commission. Dobeles HES and GM are seeking compensation from the authority for its failure to set average electricity sales prices. These prices form the basis for the calculation of the amount that public operator Latvenergo has to pay. Latvenergo is required to buy surplus electricity above market prices. The purchase obligation involved state aid, the opinion also says.The opinion in the two joined cases is attached. The reference numbers are C-702/20 Dobeles HES and C-17/21 GM....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections