EU Ready to Expand Energy Benchmark Probe With New Round of Ethanol Raids

摘要

European Union antitrust regulators conducted fresh raids on ethanol companies, escalating a probe into the possible rigging of fuel-price benchmarks begun two years ago, three people familiar with the case said. An Abengoa SA unit was among the sites that European Commission investigators inspected, said two of the people who declined to be identified because the matter is private. Tereos SA's premises also were raided, the other person said. The unannounced inspections began March 24, they said.