The Market Court: Fortum not in a dominant market position

The Market Court decision today has overruled the conditional decision given by the Finnish Competition Authority in June 2006 on the acquisition of E.ON Finland. In the decision, the Finnish Competition Authority set conditions for the completion of the acquisition. The conditions have already been fulfilled by Fortum.

In their ruling, the Market Court stated that the Finnish Competition Authority had no grounds for setting conditions, because Fortum cannot be considered to have a dominant position in the power generation and wholesale market. According to the Market Court, the relevant geographical market area in power generation and wholesale consists of at least Finland and Sweden.


Fortum Corporation
Maria Romantschuk
SVP Corporate Communications

Distribution:
OMX Nordic Exchange Helsinki
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