THE ROLE OF COMPETITION REGULATION IN THE EU BIOFUELS MARKET

Paul Calanter

Impact of Socio-economic and Technological Transformations at National, European and International Level (ISETT), 2016, vol. 13

Abstract: This paper examines how the European Commission is acting to ensure compliance with competition law in the biofuels market. Throughout the paper, the legislation in force will be presented, and also the investigation opened by the Commission regarding the compliance of three European companies that produce and sell ethanol with the benchmarks published by a pricing agency. For the purpose of regulating the biofuels market, the European Commission proposed aregulation to strengthen the governance, integrity and reliability of the reference levels used with infinancial instruments and contracts. At the same time, the European Union attaches great importance to maintaining a competitive environment in the renewable energy sector with the help of the Commission, which oversees both the producers and traders of bioethanol in respect of possible agreements on pricing or market sharing.

Keywords: competition; biofuel; energy; environmental protection (search for similar items in EconPapers)
JEL-codes: Q42 Q53 Q54 Q55 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:iem:imptrs:v:13:y:2016:id:2822000009632015

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