- Gazprom (OTCPK:OGZPY) is close to a settlement with European Union antitrust authorities over charges of engaging in unfair pricing and activities that harm competition, and could reach a deal as soon as the end of October, WSJ reports.
- The Russian government, which controls more than 50% of Gazprom's shares, has been actively involved in the discussions, according to the report, as an agreement could help avoid billions of dollars in fines.
- The EU says Gazprom breached antitrust rules in eight countries where it is the dominant gas supplier: Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland and Slovakia.