Thursday, February 11, 2016

Caruna's electricity fee hikes could launch Finland's first class action lawsuit

The electricity distribution company Caruna has announced major hikes to electricity transfer fees and Finland's consumer authorities are now seriously contemplating a class action lawsuit against Caruna if they cannot agree on a solution in negotiations with the company. Both consumers and politicians have been annoyed by the hikes, which can be up to 50%, and they have contacted consumer authorities. Caruna justifies the move by investments in the electricity network, and because of the monopoly position, customers cannot change the service provider.

Source: YLE Uutiset (translated from Finnish)
Date: 8.2.2016
Journalist: Sanna Vilkman

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