Join newsletter

Home » Media » News

RSS Print Send to friend

IRL faction to pass draft act for controlling monopolies

Today Pro Patria and Res Publica union (IRL) decided to propose Reform Part and Green Party to start a draft that controls monopolies, aripaev.ee writes.

The aim is to keep water, heating and gas monopolies under control by setting upper limits of profits. Competition Authority would also get complete control over bigger water and heating companies and more competence over supervising monopolies.

Margus Kasepalu, the deputy head of Competition Authority said that this is necessary, but it increases authority's work load.

"The draft is certainly most needed and feasible, in our opinion. Competition Authority has necessary knowledge and experience," Kasepalu said.

He added that it certainly means higher work loan since the number of regulated companies is higher.

Source: www.balticbusinessnews.com

News categories

Latest articles

Quick find