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The New E.ON on the German Electricity Market – Competitive Effects of the Innogy Takeover

Publication Year: 2020

Author(s): Stöhr A, Budzinski O, Jasper J

Abstract:

The deal between Germany's two largest energy suppliers RWE and E.ON to exchange various business units, which was approved in mid-September 2019, will significantly restructure the German energy market and lead to a dominant competitor in both business fields — energy generation and distribution. This paper deals with the potential effects of E. ON's takeover of Innogy in the areas of classic energy distribution and e-mobility, in which the aspects of data economics mentioned above play an important role. Furthermore, the effects of market restructuring on the concession market are considered and the political-economic dimension of the merger is explained. The authors conclude with a brief analysis of the European Commission decision and the related conditions and conclude that these are not appropriate to mitigate or prevent the significant anti-competitive effects of the merger.

Source of Publication: List Forum fur Wirtschafts- und Finanzpolitik

Vol/Issue: 45(3): 295-317p.

DOI No.: DOI: 10.1007/s41025-020-00185-1

Country: Germany

Publisher/Organisation: Springer Gabler

Rights: http://creativecommons.org/licenses/by/4.0/deed.de

URL:
https://link.springer.com/article/10.1007/s41025-020-00185-1

Theme: Vehicle Technology | Subtheme: Electric vehicles