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Share Name Share Symbol Market Type
Eni BIT:ENI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -2.42% 10.074 10.05 10.052 10.408 10.014 10.36 19,976,050 16:35:25

Italy's Antitrust Authority Fines Eni, Enel Over Billing Issues

20/01/2021 11:46am

Dow Jones News


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By Giulia Petroni

 

Italy's antitrust authority AGCM said Wednesday that it has fined Enel SpA, its subsidiary Servizio Elettrico Nazionale SpA, and Eni SpA a total of 12.5 million euros ($15.1 million) over customer billing issues.

AGCM said the findings of the investigation showed the energy companies had unjustifiably rejected some users' requests to not pay electricity and gas bills that were served late.

Enel said in a statement that it acted in compliance with the relevant legislation and reserves the right to take any action to protect itself.

Eni wasn't immediately available for comment.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

January 20, 2021 06:31 ET (11:31 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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