Bloomberg News

Tallinna Vesi Gets Favorable Court Ruling in Tariffs Dispute

June 05, 2012

AS Tallinna Vesi (TVEAT), Estonia’s biggest water utility, said the Tallinn District Court ruled in its favor regarding a tariff dispute with the competition authority.

The court stated the company’s tariff mechanism is regulated by a public law agreement, as opposed to an administrative act, the Tallinn-based company said in a regulatory statement today.

The ruling means the competition watchdog has to prove the company’s agreement with the municipality on providing services severely damages a predominant public interest, or the company can claim compensation, the company said.

To contact the reporter on this story: Ott Ummelas in Tallinn at oummelas@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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