This is how the electric shocks between Enel and the Antitrust run
The Antitrust authority has launched an investigation against Enel X and Ewiwa (joint venture with Volkswagen) for alleged abuse of a dominant position in the sector of charging stations for electric cars. All the details and the position of Enel
The Competition and Market Authority (Agcm) announced today that it has launched an investigation into the companies of the Enel group that deal with electric mobility, namely Enel X Way and Ewiwa.
POSSIBLE ABUSE OF DOMINANT POSITION FOR RECHARGING COLUMNS
According to the authority, there is a possibility that the two companies are abusing their dominant position in the sector of installation and management of charging stations for electric vehicles .
Enel X Way and Ewiwa (a joint venture between Enel and Volkswagen focused on high-power charging) are known in jargon as CPOs, or operators of charging points.
DOES ENEL PRIZE TOO LOW?
More specifically, the AGCM charges Enel X Way srl, Enel X Way Italia srl and Ewiva srl with charging customers prices that are "insufficient to allow for minimal profitability", compared to those offered through the Enel smartphone application X Way.
The authority's dispute concerns both the consumer prices charged at retail and both – "and even more", the press release underlines – the prices of the packages which allow a certain quantity of kilowatt-hours to be withdrawn from the infrastructure at an overall price already fixed (“flat offers”).
“EXCLUDING FROM THE MARKET” OTHER OPERATORS
According to the antitrust authority, the conduct of the Enel group aims to exclude MSP operators from the market [stands for Mobile Service Providers, providers of mobility services, ed ] currently active and to limit the possible entry of other non-integrated operators”.
INSPECTIONS AT ENEL X AND EWIWA OFFICES
Yesterday, April 13, the AGCM officials conducted inspections in the offices of Enel X Way srl, Enel X Way Italia srl and Ewiva srl together with the special antitrust unit of the Guardia di Finanza.
ENEL'S ANSWER
In a press release, Enel X Way declares that it has "always acted in compliance with the rules", in "full legitimacy and correctness", as well as that it has provided "competitive prices in the interest of end customers, compatibly with a difficult market context determined by strong volatility in energy prices during 2022”.
The group maintains that these market conditions have influenced the pricing policies of all operators in the sector, affecting their margins, "and not just those who reported an alleged abuse of position to the Authority".
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/enel-x-agcm-abuso-ricarica-auto-elettriche/ on Fri, 14 Apr 2023 09:33:44 +0000.