The European Commission can confirm that on 24 November 2009 Commission officials carried out unannounced inspections at the premises of the energy company ČEZ, a.s. and other undertakings all located in the Czech Republic. The Commission has reason to believe that action carried out by ČEZ unilaterally or together with other players may have led to a substantial distortion of competition and resulted in the enhancement of CEZ's dominant position on the Czech wholesale electricity market. The suspected illegal conduct may comprise excluding competitors and raising prices on the Czech wholesale electricity market. [more]