EU Works On Antitrust Complaint Against Gazprom

European officials are working on a formal antitrust complaint against Russia’s OAO Gazprom, over allegation that the company abused its dominant position in the gas market. According to Bloomberg, Gazprom supplies 25% of the EU’s natural gas.

The EU started the probe last September, investigating the pricing methods and the limitations to trade allegedly imposed by the Russian company.

“It will be difficult for the company to operate in markets where it faces open discrimination,” said Russian Foreign Minister Sergei Lavrov earlier this month.

Bloomberg wrote that meetings between Gazprom and EU officials started before the summer and may continues as soon as next month, suggesting that ‘it could well be that the case goes through the full antitrust process.’