Germany's Federal Cartel Office Monday said it has stopped probing six units of utility E.ON AG (EOAN.XE) over inflated natural gas prices after the company made financial concessions.
In a written statement the regulator said six regional suppliers in which E.ON owns majority stakes have made financial concessions for the benefit of their customers totaling EUR55 million.
The cartel office added the agreement includes a two months postponement of a planned gas prices increase to December from October. Further, customers of the E.ON units will on average receive a EUR35 bonus with their next gas bill, the cartel office.
In return the cartel office has stopped its probe against E.ON Hanse, E.ON Avacon, E.ON Mitte, E.ON edis, E.ON Thueringer Energie and E.ON Bayern, the regulator said.