Gazprom Faces EU Antitrust Probe on Eastern Europe Gas Sales
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OAO Gazprom, Russia’s natural-gas export monopoly, faces a European Union antitrust probe over long-term gas supply contracts in central and eastern Europe.
The European Commission is investigating whether Gazprom imposed unfair prices by linking natural gas and oil prices, prevented gas from being traded between countries and hindered the diversification of supply. Gazprom shares dropped by as much as 2 percent after the EU announcement.