MILAN Oct 6 Italy's competition regulator has
opened a probe into utility Enel and smaller power
company Sorgenia alleging they overcharged grid operator Terna
for services relating to the power dispatching market.
The regulator said the probe would conclude by May 30, 2017.
Italian energy watchdog AEEGSI, which signaled the alleged
offense to the antitrust, has estimated Terna paid 320 million
euros ($357 million) more for the services in the first six
months of 2016 compared to the previous year.
Such costs are passed on to consumers through energy bills,
In a statement, Enel denied it had abused a dominant
position on the dispatching market.
"Enel believes it acted legitimately and perfectly in line
with competition regulations," it said.
Sorgenia said it would be issuing a position statement.
($1 = 0.8961 euros)
(Reporting by Stephen Jewkes; Editing by Alexandra Hudson)