Nord Pool, Epex Raided as Part of EU Power-Exchanges Probe
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Nord Pool Spot AS and Epex Spot SE, Europe’s two biggest electricity exchanges for near-term delivery, said they were raided by European antitrust regulators probing possible collusion.
The European Commission said companies managing trading platforms for electricity contracts may have violated laws banning “cartels and restrictive business practices.” Power exchanges provide services that “facilitate electricity trading at wholesale level,” it said in an e-mailed statement.