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EP Energy Trading fined for jumping the gun on Gazela Energy, Czech watchdog says

( April 23, 2024, 11:28 GMT | Official Statement) -- MLex Summary: EP Energy Trading has received a fine of over 18.8 million koruna (around $792,000) for taking over Gazela Energy without seeking prior approval for the deal, the Czech competition authority said today. When determining the fine, the office considered mitigating factors such as EP Energy Trading reporting the conduct itself and cooperating with the office beyond its legal obligation. The company ultimately qualified for a 20 percent reduction on the fine for settling the probe, the agency said.Statement follows (in Czech). ...

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