Companies behind illegal price coordination fined for coordinating prices for service of natural gas furnaces

On 21 April 2022, the City Court of Glostrup sentenced the companies Hovedstadsregionens og Midt-Nords Naturgasselskab (formerly HMN Naturgas) and Gastech-Energi to each pay fines of DKK 8,000,000 for infringing the Danish Competition Act. Four individuals were also sanctioned with fines of respectively DKK 100,000, DKK 100,000, DKK 75,000 and DKK 50,000.

In 2021, the Court of Appeal of Eastern Denmark ruled that the companies infringed the Competition Act when they unlawfully coordinated prices with each other as well as with another competitor and an industry association. The infringement concerned coordination of prices for service of natural gas furnaces.

The ruling from the City Court on 21 April 2022 regards the criminal proceedings in the case.